Thursday, the pancake surged but failed to stabilize, a pullback is inevitable!

Last night, with the release of the CPI data, it directly drove the price ratio to rise significantly, and in the early hours, it even spiked to around the 100650 area. However, despite the strong upward momentum, the price ratio could not maintain an effective stabilization, resulting in a bearish close!

At this stage, on the four-hour level, the overall structure has changed. The price ratio faced resistance and pulled back. In the auxiliary indicators, the MACD volume has significantly shrunk, rendering the price ratio unable to resist and continue the downward trend. The three moving averages are clearly showing a downward turn, developing a rhythm of movement. In the shorter time frames, there is still a demand for downward movement, and it is highly probable that the trend will continue downward in the morning! In terms of operation, you can participate with a focus on shorting!

Short at the rebound in the 99800-100300 area, with a target of 98500-97500!$BTC #核心CPI回落 #币安Alpha上新 #美国PPI温和上涨 #市场反弹预测