Technical analysis -- small pullback, big rise, when will it rebound

------Wall Street has been pouring cold water on the Fed's expectations of rate cuts. The recent events must wait for CPI to adjust the current mood. Now all the data are in the expectation that the Fed will not cut interest rates. Many hawkish Fed officials said that there will be no rate cuts this year, and the market began to panic. Now the bulls need time to wait for CPI to release news and the market to consume the Fed's hawkish expectations, but once there is really no rate cut, the market will change greatly due to the emotional impact.

The current market sentiment is very anxious. The one-week consolidation in April finally ushered in a rebound, but it was instantly brought down by the big cake, and the mood began to become Emo again! The big cake is currently around 68,600, and the second cake is currently around 3,480. Both have reached the support line here. The hourly level is oscillating, and the 4-hour level is supporting the downward trend! Today's focus is mainly on

1: CPI data will be released at 8:30 tonight

2: The Federal Reserve will release the minutes of the March monetary policy meeting, especially tonight's CPI is more critical

If it is higher than expected, it will fall, and if it is lower than expected, BTC will rebound$BTC #BTC、 #ETH🔥🔥🔥