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4.9 Afternoon Azusi Report:
On the 4-hour chart of Big Bing, after yesterday’s massive surge, the market has entered a pullback and consolidation phase. Recently, the candlestick bodies are relatively small, and the wicks are relatively long, indicating that the long and short forces are in balance with no clear direction. The MACD indicator’s DIF line and DEA line are both above the 0 axis. The DIF line is still above the DEA line, but both the DIF line and the MACD histogram are showing a downward trend, indicating that short-term upward momentum is weakening.
Layout suggestions:
Big Bing: Southbound from 71,500-71,000, target 69,800-68,800
Er Bing: Southbound from 2,200-2,180, target 2,080-1,980$BTC