CPI will be announced again tonight. After the stock market crash earlier this month, the market has quickly started to rescue the market recently. It is inevitable that the schedule for interest rate cuts may be brought forward again, so the possibility of this round of CPI bringing benefits is still relatively high.
After the price initially fell back to 58K yesterday, it reached our first position of shorting in the early stage, but the range of the fall was limited and the rebound broke 60K in the evening, and the remaining downward plan was cancelled.
The intraday white market trend stood at 60K, and the downward range in the evening did not break 60K. You can pay attention to the vicinity of 60K as support. This round will look at the 62K pressure level again, and the defense will focus on 59.4K.
However, the first target of Ethereum at 25.5K has not been reached, and it has returned to the 27K line. The remaining short orders have all been cancelled. Long orders are established around 27K, and the rebound looks at the 2830 line, and the defense is 2650.