Wednesday Morning | Simple Summary of the Big Pie’s Thinking:

Yesterday, the Big Pie went to test the previous high again,
but was firmly pinned down in the 76,000 range. No matter how it tried to break upward, it couldn’t get through, which shows there’s heavy resistance above and the short-term momentum is already a bit exhausted.
Yesterday’s rhythm was also very clear—go long first, then go short—both sides were captured.
Now, looking at the chart, it has already started to pull back from the high,
overall it still remains in a large-range consolidation, but the downward tone has already come out.
On the daily chart: it’s still a choppy-to-bearish structure; the 760 level suppresses is unchanged. It closed with a long upper shadow and a bearish candle. The double-top formation is basically formed.
The hourly chart is also starting to weaken, so today’s thinking is very simple: a rebound is an opportunity, mainly short following the trend.
Trading reference:
Short in batches within the 74,800—75,500 range, target 72,000—70,000. Remember to set a stop loss.
One sentence:
If it can’t go up, it’s weak. High-level turns to short—today continue to look for spots to short. #Strategy上周购入13927枚比特币 #SEC称部分Defi界面可免经纪商注册 #Circle拒冻结Drift被盗USDC $BTC $GT $ETH