$BTC $ETH Let's take a look at the market trend

The market is affected by the news. Last night's CPI data was good for CNY, which led to a collective rise in the cottage industry. The interest rate decision in the early morning was bad for the market, and the market responded with a volatile correction. CNY's high point was pulled to 70,000 and then began to oscillate. It is currently oscillating above 68,000. At 1:00, CNY retreated after hitting a high in the early morning, and stepped back below the middle track of the Bollinger band, and then fanned. The KDJ three-line advantage was flat, and the MACD two-line slowly moved downward, indicating that there is still a possibility of further exploration. The overall news is in line with expectations, and the expectation of interest rate cuts is gradually increasing. For this market, it just prolongs the bull market.

Currently, CNY's strong pressure is at 70,000 and its strong support is at 66,000. Ethereum's pressure is at 3,800 and its short-term support is at 3,400.

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