In the evening, affected by the unemployment benefits at 8:30, the overall price floated upward, and the highest price of Bitcoin broke through 58K, and Ethereum returned to 2.5K again.

However, given the limited impact and insufficient follow-up force, it is difficult for prices to support further upward movement. The MA240 moving average of Bitcoin daily line failed to break through the pressure. In the second half of the night, the idea was to look at short positions above 58K and 2.5K without thinking.

However, the target span should not be too large in the near future. The short-term retracement tonight focuses on 167.5K and 2.3K. The market trend is gradually beginning to recover, and the CPI next week is likely to raise the possibility of accelerating interest rate cuts again.