12.5
The big pie's pullback trend has not stopped, first short then long during the day!
Currently, the Bitcoin spot price stabilizes around 92100, and the 4H level market shows a clear pullback signal: After the evening price attempted to impact the EMA160 resistance line but failed and fell back, a long lower shadow was recorded when it reached the EMA30-EMA60 range. Currently, it has temporarily stabilized at the EMA120 position. The BOLL channel is simultaneously closing, with the upper track continuing to press down, forming resistance, while the middle and lower tracks maintain an upward posture, indicating a stalemate in the long-short battle; the MACD indicator green bars are shrinking again, approaching the 0 axis, and the DIF and DEA are closing for the first time after a golden cross, with the probability of a death cross increasing; the RSI three lines are trending down to around 40, and the KDJ three lines are crossing down, approaching 30, with all indicators pointing to the pullback market not yet ending.
The support end needs to focus on the resonance area of EMA60 and the integer level of 90000. If this position holds firm, one can choose to arrange long positions; the resistance end focuses on the EMA160-EMA200 range of resistance, and until it effectively breaks through the previous one, high short opportunities can still be seized.
The daily chart level also releases pressure signals: the price is blocked at the key position of EMA30, with the middle track simultaneously building a bullish defense line around 90000; both KDJ and RSI indicators show high-level turning downward patterns, and the daily level pullback demand has clearly emerged, so operations need to maintain trend-following thinking and strictly control the entry rhythm.
The big pie revolves around the rebound at 93200, entering the layout near 94500, targeting 91000, around 90000.
