Big Pie Afternoon Analysis

From the 4-hour technical cycle, the price is moving within a downward channel, and overall it remains in a weak sideways consolidation that leans toward a sideways range. Bearish momentum continues to be released, but the strength is limited. The market is declining in a step-by-step slow pullback, and the moving average system is also synchronously and slowly turning downward.

On the smaller timeframe, it is still in a phase of oscillating decline and bottoming adjustment. The volume and momentum of both bulls and bears repeatedly switch, and the market’s oscillation tempo continues. For subsequent operations, the main approach remains to set up short positions in higher areas.

Trading advice: Place short orders around 78,800, targeting the 76,500 area downward. The defense/stop-loss can be flexibly set according to your individual position size. $BTC $ETH #WCTC交易赛瓜分800万USDT #Gate13周年现场直击