BTC: Yesterday, Bitcoin rebounded slightly in a volatile market. The daily chart closed with a small positive line. Bitcoin maintained a narrow range of fluctuations after returning to around 60,000. For Bitcoin, it is still in the process of consolidation in the medium and short term. In the short-term fluctuation, it tends to be empty. The short-term adjustment to 60,000 or 58,500 (120-day moving average support) will not affect the medium-term consolidation trend, but it will have an impact on the short-term trend. If the short-term consolidation can be maintained above 60,000 and then rebound, the time for the reversal in the market will be faster. If it tests 58,500, the time for the short-term turning point will be slower. But in fact, for a trader, you should not guess these more detailed points. You should act strategically. When it reaches around 60,000, you should first buy part of the car, and if it reaches 58,500, you can add more.

ETH: The short-term trend continues to be biased, but we also continue to pay attention to the support of 2850 below. This is the trend line support formed by the two lows of April 14 and May 1. Ether is really weak and has not been able to rise. The medium and short-term moving averages have also been suppressing, but fortunately, since May, there has been no new lows. The short-term downward trend has a tendency to be alleviated, but the price must break 3300 to turn short-term weakness.

Today's Ether: It is also weak in the short-term narrow fluctuations. It is not ruled out that it will test around 2850 today.

Strategy: After returning to around 60,000 in the past two days, the big cake did not cause further decline in the short-term price, but it did not show a strong rebound. Instead, it fluctuated around 61,000. This may imply that the market will maintain a narrow fluctuation for a few days in the future, because the big cake often has such a trend before. For the cottage, continue to be patient and wait. This is all we can say at present. In addition, the cottage is also slowly repairing the previous decline in the fluctuation, which is already a good performance.

Pay attention to the CPI data of the United States this Wednesday. There may be large fluctuations when the shock data comes out.

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