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This drop in “big pie” can be considered a phased pullback that has basically hit its mark. After observing, the big pie’s rebound looks strong, and it’s very similar to the one around $60k. Based on my calculations, this time the big pie could rebound as high as 66,000–67,000. I’ll verify the details later this evening.
If it can’t hold, then today it might break through 60,000. Personally, I don’t think it will break below that—rather, it should rebound back up. If the upside move gets extremely wild, it could rebound to 70,000.
There’s no need to panic—everything is within my expectations. Just do it. For those of us trading spot, there’s even a little bit of happiness in this—waiting for this drop to finish.