Good morning everyone, we continue to pay attention to the market trend: 👇🏻
The day before yesterday, because the CPI data was in line with expectations, the big cake rebounded, until the high point of 66780, it began to fluctuate and pull back. At present, the daily line is in a narrow horizontal consolidation stage. Although there is a rebound, the rebound is not strong, and the bottom support is strong. It is currently in a contraction shock, and it is expected that the short-term will still maintain a shock pattern.
The four-hour chart shows that although the high did not break the previous high, the retracement did not break the low, and it is currently pulling near the middle track line. So today we will continue to pay attention to the rebound. Ether is relatively weak, and the big cake will fall below 3000.
♦️Bitcoin: Bitcoin currently has short-term support around 63,500, strong support at 62,500, short-term pressure at 66,500, and strong pressure at 67,500-68,000;
♦️Ethereum: Ethereum has short-term support at 2,900, strong support at 2,820, short-term pressure around 3,060, and strong pressure at 3,120.