7.12-Market Analysis

BTC: The positive CPI data is in line with the expected value, but the market trend is beyond expectations. The market is falling instead of rising due to major positive news. The dealer is likely to wash out the long contract to prepare for the subsequent rise. The trend of the daily line has not completely reversed, but the BTC 1-hour and 4-hour levels have returned to a healthy level. The macro environment has improved, and the expectation of interest rate cuts has increased again. The fundamental negatives are being digested, and the probability of rising today is greater.

The upper pressure of the day is 59500, and the lower support is 56000.

ETH: The upper pressure of the day is 3220, and the lower support is 2990.