Last night, CPI was negative, and the expectation of interest rate cut in November was cooled. Currently, the negative news is being digested in advance. In terms of price, I said yesterday morning that as long as BTC does not fall below 59,200, the 60,000 mark can be maintained. It has already fallen below. If BTC cannot close above 61,600 today, it will continue to hit new lows and continue to look for support. At present, the market is weak and cannot recover to the highest point of yesterday. In the short term, high-altitude is the main and low-long is the auxiliary. Avoid heavy positions in long orders and close them while connecting. This callback still provides an opportunity to copy the bottom, that is, the lower track position of the daily boll.
However, ETH and SOL are more elastic, and the depth of the retracement last night was smaller than that of BTC. Therefore, these two coins can only be low-long, or a small amount of high-altitude hedging can be added to the icing on the cake.
Resistance and support points from today to next Monday:
BTC:
Support: 58888 (already reached once, weak support), 58250.
Resistance: 60300 (this morning), 60800-61200.
eth:
Resistance: 2396, 2420
Support: 2330, 2318. When the intraday rebound or close below 2372, 2282 can be considered in advance.
sol:
Pressure: 139.50, 141.25. There is no need to reopen below 138, and it is easy to be trapped.
Support: 134.25-131.65.
