Tuesday Daytime Big Pie Two Pie Latest Thoughts
Currently in a brief pullback repair period, the downward momentum has shown clear signs of exhaustion, and the characteristics of a stage bottom are gradually emerging.
From the four-hour level, it has consistently remained above the middle track of the Bollinger Bands, and although there have been multiple tests of the middle track's pressure, each pullback has been quickly absorbed, and the bears have not been able to break through this key support level. This fully indicates that the current pullback is merely a corrective adjustment during the upward trend, not a reversal, and the foundation of the bulls remains solid; subsequent rebounds in the trend are imminent.
Looking at the hourly level, the trend has quietly formed a W-bottom pattern, and it is currently in the pressure pullback stage at the neck line of the pattern. Combined with changes in volume, this pullback has not been accompanied by increased volume, which is a typical accumulation adjustment. It is expected that after reaching the support level below, a new round of strong bullish momentum will quickly commence.
Big Pie: 89500-90500 bullish, watch 92000, 93000;
Ethereum: 3050 - 3100 bullish, watch 3200, 3260.
Personal opinion, for reference only, not investment advice!

