#今日市场观点 In-depth analysis of the BTC market, this week's turning point has arrived, the critical moment of trend reversal, focus on this key data!

Tonight, the US June Consumer Price Index CPI will be announced. This is not only one of the focuses of the market this week, but also another important indicator after the "prudent" statement of Federal Reserve Chairman Powell and the extension of the Ethereum ETF. Powell's remarks seem to have failed to inject a shot of confidence into the market, and the delay of the Ethereum ETF has made tonight's CPI data carry heavy expectations.

If the CPI data is positive, can it become a spark to ignite the market, leading BTC and ETH to break through the siege and stand on a new high ground? This is the most exciting question tonight and even this week.

BTC's daily level 60,000 mark and ETH's daily level 3260 position, these two carefully adjusted "natural moats" are quietly waiting for the test of the market. Their fate will directly affect the direction of the entire crypto market. The moving average resistance is like an invisible shackle, moving down day by day, and every struggle of the market seems so difficult. If these positions can be effectively broken through and stabilized, it may usher in a long-awaited turnaround; otherwise, it may continue to fall into the quagmire of decline, and every rebound will become a prelude to the next decline.

Once BTC falls below the weekly support of 577,000, it will be in danger, and the risk of decline will surge like a tide. The technical indicator RSI shows that although the bullish sentiment of BTC and ETH has risen, the actual increase in the market has failed to keep up with this momentum, and the power of the bulls seems to be a little powerless.

This week's CPI data may become a turning point in the fate of the market. If it cannot lead BTC and ETH to break through the siege and change the current decline, then the progress of the Ethereum ETF will become the only light of hope for the market. If the approval of the ETF is delayed again, the market sentiment may be further frustrated. Next week's macro data is relatively flat, and the fate of the market may be more pinned on these uncertain external factors.

#美国CPI数据即将公布 #美联储何时降息？ #美国大选如何影响加密产业？

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