Wednesday evening big pie and second pie latest thoughts
After a strong rebound in this round, the big pie and Ethereum have both fallen into a high-level fluctuation pattern. Current focus is on the upcoming Federal Reserve interest rate decision, with significant divergence between bulls and bears, and ongoing uncertainty continues to rise, but what remains unchanged is our trading system.
Last night during the U.S. session, the big pie broke through the 94000 level, and Ethereum rose above the 3380 line, directly hitting our stop-loss position. It then fell back under pressure, with daily volatility further expanding as bulls and bears fought for dominance.
From a technical perspective, it is currently running above the moving average system, and the moving averages are in a standard upward arrangement, forming an upward resonance with the MACD golden cross, indicating that the mid-term upward momentum remains solid. However, it is important to note that the KDJ indicator has entered the overbought zone, and short-term bullish momentum has been excessively released, so be cautious of technical pullbacks triggered by indicator divergence.
Big pie: 91000-92000, → 94500.96000, pay attention to collapse if support is broken, and watch for 88000.86000 below;
Ethereum: 3250-3300, → 3400.3490,
pay attention to collapse if support is broken, and if it turns bearish, focus on 3180.3090.
Personal opinion, for entertainment only, not investment advice!
