$BTC Evening Perspective:
Speaking through visuals:
The large pie's hourly level has undergone an electrocardiogram-like fluctuation over the weekend without breaking the triangle. Instead, it has repeatedly tested the upper boundary of the triangle, confirming support, and has been operating at the upper boundary of the triangle, indicating that the support at the upper boundary is very strong.
Currently, the large pie has broken through the resistance level of 88405, and the next major resistance it will face is the upper level of 89507. This will be the fourth challenge of the 89507 position; if it cannot stabilize, a pullback will certainly occur. The principle of 'three's a charm' must be understood. Hopefully, the large pie can stabilize above the 88405 resistance first; if it cannot stabilize, it will return to test the upper boundary of the triangle, corresponding to a price around 87835, which can hold and give it a chance to continue to surge upwards. If it cannot hold and falls back into the triangle, it is very likely that the triangle will be broken. Once the triangle is broken, it will need to retest the 86831 position.
As long as the large pie can maintain operations above 88405, it will continue to rise; if it falls back, it’s over. Only by stabilizing at 88405 can it touch the 89507 resistance, and only by breaking the 89507 resistance can it look up to the 90623 resistance. A meal has to be eaten bite by bite, and resistance must be broken one by one.
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The large pie has broken through 88659 with volume on the right side to go long; 88110 has broken down with volume but could not recover, so short on the right side, and manage your stop-loss well.
The large pie's hourly level has broken and stabilized at 89507, looking up to 90623-91640; stabilizing at 89507 will lead to takeoff.
On the 4-hour level, breaking below 87806 looks down to 86839-86087; if the 4-hour level does not break below 87806, everything is under control.
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Continue looking at the chart: As long as the large pie can stabilize above the ema50 daily moving average, just patiently wait for it to touch the ema200 daily moving average, corresponding to a price of 91366. There’s not much else to say. In short, just remember that as long as the large pie can stabilize above the ema50 daily moving average, touching the ema200 daily moving average is just a matter of time. Pay attention to the changes in volume; the meeting is adjourned.
