7.21 Chen Jie Big Pie Morning Analysis

A major positive breakout has appeared in the funding market. The net inflow of Big Pie capital is as high as $500 million, showing that the main funds are strongly sweeping the market and entering. Although the buy-sell ratio is -95.61%, indicating that after the price breaks to new highs, there are more sell orders stacked at higher levels, the massive net inflow of real money clearly highlights that bullish momentum is extremely strong, and bullish consensus across the market has been fully consolidated.

At present, the Big Pie price is moving around 65,331. On the 4-hour timeframe, Big Pie has broken through the previous resistance with strong volume expansion, with a high of 65,788—setting a new high. The current candlestick formation shows a bullish alignment. The MA7 (65,043) and MA30 (64,348) golden cross is spreading upward, and the support level keeps moving higher as the price rises. After the short-term surge upward, there may still be a need for consolidation and a washout, but any pullback is a buildup of strength. In the morning, the trading plan is firm—follow the trend and look to go long on dips.

Trading Strategy
Go long around 64,500-65,100. If it moves up to 65,800-66,300-66,800, buy the dip at 62,000#btc $BTC