In the early morning, the exchange rate tried to break through the 58,000 mark again, but still failed. This is the third time to hit this level, indicating that the pressure from above is relatively large. Once it breaks through successfully, the next target may be 60,000. Yesterday, the market went out of a V-shaped reversal structure. After the exchange rate fell from 58,000, it rebounded again due to the positive CPI data in the evening, but failed to break through the key position.

From the current market, the bullish momentum of the big cake gradually weakened after the rebound, and the current trend is very similar to yesterday morning. Therefore, whether there will be a further correction in the future remains to be seen. If the exchange rate remains above 57,000, it is suitable to go long, and if it falls below 57,000, you can consider going short. This position is the watershed between long and short.

Big cake near 57,000, target near 58,500

Ether near 2330, target near 2370#特朗普与哈里斯辩论，特朗普概念币普跌 #美国8月CPI数据高于预期