The market continued to rise in the early morning, and the price of the currency continued to retreat and fall after the closing. After the downward stretch to around 56,500, it was still in a wide range of fluctuations, with long and short positions tug-of-war. It was not until the evening after the CPI was announced that the B price took a V-shaped approach. First, it fell back to the lowest level around 55,600. Since the data release allowed it to be lower than the deviation and the probability of the Federal Reserve cutting interest rates by 50 basis points was reduced again, it caused a wave of panic in the market. After that, the market digested the CPI positive margin and continued to rise. The current market has rebounded again to around 57,000. In terms of the market, we have two longs and one short for the big cake to bag 2,247 points of space. Ethereum bagged 87 points of space.

The price ratio has been maintaining a pattern of falling back and closing low in recent days. The daily small negative K-line recovered the lower track range. The breakout of the neckline 58,000 failed to continue strongly. The small negative line retreated and showed signs of retesting the low to seek support. The current low point of 55,000 is worth paying attention to. The news tonight did not strongly probe and pierce. In a strong market, it usually retreats on the same day. Yesterday, it fell back and closed at a low level, which made the short-term bulls not strong. It is still a roundabout oscillation. Yesterday, it closed low. Pay attention to whether it can quickly fall and rise today to regain lost ground. The single negative line of the 4-hour chart fell back to above the 55,000 mark. After breaking the high point of 58,000, it did not rise strongly. The short-term is still a repeated roundabout oscillation. After closing low yesterday, the small cycle shows that the short-term may first step back to confirm; the midnight market fluctuations may not be too large. Pay attention to the short-term long and short strength conversion and find a good entry point. In terms of operation, continue to focus on low and long and continue to look up.

The price of big cake can be around 56500-56800, and the target is around 58500. The price of concubine can be around 2300-2325, and the target is around 2375.