CPI is good news, and the price of bitcoin hits the 80,000 mark again

Interpretation of the market trend from the news

1. Recent trading of ETFs

The rise of the market will continue to rise under the impetus of institutions and the market. There will be more room for growth

2. The positive data of CPI promotes the expectation and frequency of the Fed's accelerated interest rate cuts

2. Technical indicators and skills

1. How to assist trading with the golden cross of the macd indicator

When the first dead cross above zero appears, the price is a horizontal adjustment in another round of rapid rise, so the possibility of continued price rise is more than 80%.

When the second dead cross above zero appears, it is time for us to consider shorting. No matter how fiercely the price rises at this time, if there is a top divergence again, there will be a lot of room for shorting.

For the first golden cross below zero, we will not make any reference (those with short orders will continue to hold) and those with short positions will continue to short

When double golden crosses appear below zero and a bottom divergence comes out, the second golden cross is formed just after the bottom divergence comes out, then enter more. #MemeWatch2024 $BTC $ETH $ETH