ETH
1. CPI data is bullish, ETH's high and fall is mainly due to the strong pressure from above on the bulls
2. The daily line closed with a long upper shadow negative K-line, and the K-line pattern is bearish. 3200 faces multiple pressures, namely: Fibonacci 0.618 key reversal position + BOLL band middle track + trading volume intensive area pressure + previous rectangular oscillation range high point pressure + 3200 integer mark
3. In the 4H channel trend, the price remains above the middle track. The intraday long and short watershed focuses on the middle track. At present, the overall situation is under repair. You can refer to the upper pressure and lower support of the channel to go short and long
Trading strategy:
Short order: short near 3200, stop loss 3260, target 3100-3050
Long order: long near 3000, stop loss 2940, target 3100-3170
