CPI has also come out. If it is good but does not rise, it is bad. If it is bad but does not fall, it is good.
The daily level of the big pie continues to fluctuate downwards and the K-line is negative. The trend structure of the entire market has not changed. It is still under pressure from above. In the 4-hour chart, it is still in the downward channel. The weak performance of the bulls can be seen at a glance, with continuous negative pressure. After falling, there was no decent rebound during the day, and the currency price continued to test the downward trend. The overall trend of the market is still dominated by short forces. Although the overall volatility of the white market is small, the overall downward trend has not changed! The channel continues to open downward, indicating that the market still needs a retracement, so we can continue to maintain a bearish approach in the evening!
The big pie that has not entered the market can still go short around the 26800-27000 area, targeting the 26300-26000 area. Friends with stable ether can wait for a rebound near 1570 to go short. Just focus on the 1520-1540 area below!
