In the oscillating pattern, the market tends to consolidate after a short-term breakthrough

Today's market showed an oscillating trend, which was in line with expectations. In the early morning, the 4-hour chart suddenly broke the support with a large negative line, and then rebounded from the bottom to form a bottom pin positive line. Common sense infers that if you want to create a new low, it will be difficult to break through the existing pressure level in the future. However, the market unexpectedly went up, and three consecutive positive lines confirmed the short-term strength, eliminating the possibility of a new low during the day. But it should be noted that the upward momentum at this position is also insufficient, and the final probability is that the oscillating pattern will be maintained. #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #WBTC #TON