The big cake broke down to the 60300 line in the early morning this morning. The callback we have been talking about before has also come out completely. For the future market, I prefer to consolidate upward for a one-hour level center before breaking down, as shown in the figure below.
The oversold rebound on the market, the intraday market has a need for repair, and the release of the CPI data today will definitely have an impact on the trend. Everyone should not look at it too much. For short-term contracts, you can switch flexibly.
Bitcoin: This morning, it broke down to the 60300 line and is currently entering the oversold rebound stage. It is expected that it may be consolidated around 61000, with a target range of 61800-62500.
Ethereum: Look for buying opportunities around $2400, with a target set in the 2430-2470 range.
