Last night, the CPI data was released, and the market reacted to the bearish trend. There have been many warnings before. The market calm period is actually the CPI is ready to go. The overall trend will be adjusted according to the CPI data, and the price comparison is in line with expectations. Bitcoin hit the low point of 58,900 area, while Ethereum was slightly resilient, bottoming out at 2,329. The daily chart has a continuous negative trend, and the price has fallen below the middle track support. The support strength of 58,900 needs to be closely monitored.

Comprehensive disk information, the market trend has not changed, the 4-hour chart shows that the market is still weak, the rebound momentum is insufficient, the upper resistance is heavy, and there is a lack of continuous positive support in all time frames. The short-selling force currently has the upper hand and suppresses the bulls. Therefore, we continue to maintain the short-selling strategy and find a suitable point to enter the short-term correction.

Bitcoin is recommended to be shorted in the 60,500-61,000 range, with a target of around 59,000; Ethereum can be shorted in the 2385-2415 range, with a target of 2300 area. #6万保卫战 #SCR新币挖矿开始！ #9月美国CPI实现6连降