12.12 Midnight Analysis and Suggestions
Currently observing from a perspective of stability, after the release of the CPI data this evening, the market experienced a wave of upward momentum. However, the follow-up momentum of this rise is clearly insufficient. The structure of the pullback has not yet approached its conclusion, which means that the market may need some time to complete its adjustments and consolidations. Moreover, the current long-short ratio is 0.9, trading volume has decreased, and sellers' enthusiasm is gradually waning. This market condition reflects investors' cautious attitude and wait-and-see sentiment at this stage. Based on the above market analysis, the operational suggestion is to focus on high 🈳.
Suggestions
Bitcoin near 101000-100700, watch 99500-98500
Ethereum near 3820-3840, watch 3750-3700
