Big Pie Evening Viewpoint:
As long as your vision is fine, you should be able to see that the Big Pie is currently consolidating in the range of 95786-94497 on the hourly chart! Moreover, the closing price at the position indicated by the right white arrow has not closed below the candlestick pointed out by the left yellow arrow,
it merely poked down a bit, faking a break below the low of the candlestick indicated by the yellow arrow. Is there any room for operation in this fluctuation of over a thousand dollars? I have already said this several times, and I don't know if everyone remembers, if it can't rise above 95786, it won't go up, and if it doesn't break below 94497, it cannot continue to drop, especially today being Saturday, there will be no major fluctuations.
If you really can't help but feel uncomfortable not opening a position all day, then you should focus on high selling and low buying around 95786-94497, once it breaks through or falls below this range, you should exit to avoid getting pricked, if you can hold on, just wait for it to move in a direction to enter the market, take a good rest over the weekend when there is no market activity.
Did you all feel scared during yesterday's decline? To be honest: surely many classmates panicked, thinking the Big Pie was about to rise again! Remember, classmates, price is not important, and you don't need to keep an eye on the price all the time, what you need to pay attention to is whether the structure, structure, structure has been broken. Even if the Big Pie is now at 1 million, it is still at the bottom of an upward structure, and it will continue to rise. It's not that when the price goes up, it must go down.
Nor is it that when the price goes down, it must go up. Even if the current price is in a downward structure at 10,000, it will still continue to fall.
So stop staring at the price all the time; even if you stare at the price for 24 hours, it won't change just because you are watching. Pay more attention to whether the structure has been broken.
Looking at the Big Pie 4-hour level, the range of 97142-94473 has not broken down, so why panic? As long as it can maintain this range and move in a consolidation, it won't make a deep pullback. If it breaks below this range, it will move into the lower box for consolidation; the bullish trend on the 4-hour level has still not been broken. After such a rise, you can't expect the Big Pie not to correct! The correction is for better upward movement; can you just eat without excreting? It will kill you. Check the comment section! Can't write anymore.
