Good morning~
CPI data cannot drive the market
So does the market still have a chance to rise?
Daily analysis:
Whether from the hourly or daily lines, the overall market is in a sideways state, and the current band is not very large. The overall market will be in the range of 56000-58500, Ethereum will be in the range of 2300-2450, and Sol will be in the range of 128-136.
Daily view:
After the CPI data came out last night, it basically met market expectations overall, and the performance was also average. From a technical perspective, the market is currently focusing on whether it can effectively break through the upper pressure of 60,000 in the next few days. If it is only sideways at the daily level, I personally think it will pull back again.
Contract strategy:
BTC is slightly long near 56500 and stop profit near 58000
ETH is slightly long near 2320 and stop profit near 2400
Sol is slightly long near 130 Stop profit near 135
Note: This strategy is only for those who like to play band/short-term. At the same time, remember to consciously set a stop loss according to your personal position. It is better to make a small loss than to hold a single order! If the direction of the change is right, you can continue to hold it. For the convenience of my family, if you need to analyze other currencies, please leave me a message at any time. $BTC $ETH $SOL
