The daily level of Big Pie has shown four consecutive positive days, with prices strongly breaking through previous highs during early morning trading. The Bollinger Bands are beginning to slowly open, with coin prices consistently running below the upper band, showing a overall strong structure. From a technical indicators perspective, KDJ has turned upward again forming a golden cross, MACD double lines continue to diverge upward, volume has increased slightly, and short-term bulls are in control. However, it's worth noting that US stocks opened and closed lower last night, yet Big Pie did not show synchronized pullback, mainly driven by continuous inflows of spot ETF funds, with market sentiment being artificially supported. But macro uncertainties still exist, with the Middle East situation and Iran conflict remaining potential variables. As long as the situation continues to escalate, risk-averse sentiment among funds could warm up at any time, and prices could face pullbacks again at any moment. The technical side leans bullish, but I won't blindly chase rallies—caution must be maintained when prices surge. Personal Suggestions Big Pie: Enter shorts at 71500-72300, target 70k below, if not broken reverse to longs Auntai: Enter shorts at 2120-2150, target 2060 below, if not broken reverse to longs $BTC $GT $ETH #Gate2月衍生品市场份额创新高 #Bitcoin Support and Resistance Level Analysis
3.13 Big Pie and Auntai Early Morning Thoughts
The daily level of Big Pie has shown four consecutive positive days, with prices strongly breaking through previous highs during early morning trading. The Bollinger Bands are beginning to slowly open, with coin prices consistently running below the upper band, showing a overall strong structure. From a technical indicators perspective, KDJ has turned upward again forming a golden cross, MACD double lines continue to diverge upward, volume has increased slightly, and short-term bulls are in control.
However, it's worth noting that US stocks opened and closed lower last night, yet Big Pie did not show synchronized pullback, mainly driven by continuous inflows of spot ETF funds, with market sentiment being artificially supported.
But macro uncertainties still exist, with the Middle East situation and Iran conflict remaining potential variables. As long as the situation continues to escalate, risk-averse sentiment among funds could warm up at any time, and prices could face pullbacks again at any moment. The technical side leans bullish, but I won't blindly chase rallies—caution must be maintained when prices surge.
Personal Suggestions
Big Pie: Enter shorts at 71500-72300, target 70k below, if not broken reverse to longs
Auntai: Enter shorts at 2120-2150, target 2060 below, if not broken reverse to longs
$BTC $GT $ETH #Gate2月衍生品市场份额创新高 #Bitcoin Support and Resistance Level Analysis