4.9 Big Cookie and Little Cookie Market Outlook:

Currently, Big Cookie is consolidating at a high level in the 70,000–71,000 range. Yesterday, it surged to around 73,000 but met resistance and pulled back. The 4-hour chart shows a long upper shadow, indicating heavier sell pressure above 72,000. Daily support has moved up to 69,000–69,500. The hourly Bollinger Bands are tightening, and bulls and bears are deadlocked. Overall, the market is mainly consolidating to build momentum. It’s not recommended to chase after a rise or sell in panic. If the price holds above 72,000, it has the potential to make a new high. If it breaks below 69,500, it will turn bearish and dip to below 68,000.

In terms of execution, you may go long around 70,500 and short near 72,500 at high levels. For Little Cookie, simply follow directly. Within the range, buy low and sell high; after a breakout, then follow the move in line with the trend. #Gate广场四月发帖挑战 #加密市场小幅下跌 #原油小幅上涨 #BTC #ETH