The U.S. June one-year inflation rate forecast released at 10 o'clock last night was consistent with the previous value of 3.3%, higher than the expected 3.2%, which was bearish. However, the consumer confidence index released at the same time was 65.6, lower than the expected and previous value, which was positive. From the data reference point of view, the consumer confidence index should have a greater effect than the one-year inflation rate, but the market has always obviously only seen the negative side.
The pessimism of the market is not just a simple decline, but a decline in both favorable and unfavorable conditions, and even a silent decline when it is "silent as a chicken". Hope is like the chili in a hot pot. Without it, everything is tasteless. And endless disappointment is like a pot of clear soup, which is daunting. Speaking of the currency circle, it is like a paradise for "leeks". One batch of retail investors were cut and bleeding, and then new leeks could not wait to make up. This scene is just like the "endless" life of the leek garden! The bull market we are experiencing now is just like a "nonsense" script. The market sectors seem to be extreme, hot on one end and cold on the other. The psychological pressure is so great that it is like a roller coaster, sometimes soaring into the sky and sometimes falling to the bottom.
But then again, the opportunities in the future are terrifyingly huge. The approval of the crypto spot ETF is like adding a barrel of oil to the market. The hot money in the future will surge in, so let us wait and see!
Of course, the premise of all this is that we have to live until that time!
BTC
The price robbed the liquidity of 66000 last night, and the pin defense area of 65800-64600 suggested by the daily report yesterday was hunted! The price fell below 66000 and then recovered, a false break! However, can it stop falling? It depends on whether the price can break through 67400 in the short term, forming a structural destruction, and there will be a buying opportunity!
ETH
6.12 Daily Analysis: Allowed to insert 3380, yes! It inserted to 3362! Perfect insertion plan! The current price needs to break through 3530 and form structural damage before it can continue to strengthen! Otherwise, it will take time to resolve! Short-term support 3420-2380! Defend the spot order position near 3280!
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