Thursday Night Big Pie and Second Pie Strategy

The big pie daily line is still in the descending channel since the high point in October, suppressed by multiple moving averages. The MACD death cross continues to diverge downwards. After a high of 90336 yesterday, it "plunged from a high platform," closing with a long upper shadow bearish candlestick, highlighting the pressure at the 90000 level.

The strong support area is between 85000 and 85500, which is not only the 61.8% Fibonacci retracement level near yesterday's low of 85278 but also supported by on-chain buying. The hourly RSI has quickly rebounded from the oversold area, indicating a technical repair demand.

The short-term resistance is focused on the 88000-89000 range, which is both a previous intermediate pressure point during the fluctuations and is under pressure from the 4-hour moving average death cross. A volume-less rebound is difficult to break through.

Evening Operation Strategy

The big pie pulls back to the 85500-86000 range, target 87500, looking up to 89000.

The second pie pulls back to the 2780-2800 range, target looking at 2900, looking up to 2980.