4.9 Big Pie Outlook


Big Pie is clearly under pressure at high levels. Yesterday, it surged to around 72,858 before falling back. In the past 4 hours, it has kept closing with long upper shadows. The sell-off pressure in the 72,000-73,000 range is extremely strong. The daily rebound is mainly just a technical correction, with insufficient bullish momentum and bearish sentiment heating up. In the short term, it maintains range-bound consolidation at 70,500-72,500.
Big Pie:
Sell in batches at 71,500-72,000, target 69,000; if it breaks down, look for 67,500.
$BTC
BTC-1.04%
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