Wednesday, Bitcoin rises and then falls, CPI data hits hard!!
Recently, the direction has been focused on high shorts, and currently, the short-term is in a state of 26 consecutive wins. I believe the friends following Xu Bin are seeing this; I only speak with the most genuine data. I am not a forever-profitable blogger; whether going long or short, there are profits to be made. It's unrealistic to profit from both sides of the trend; it's like trying to drink from a river with three thousand streams, just take a ladle full, and everyone can comprehend it themselves.
So facing the upcoming CPI tonight, the key point remains at the 84000 line, which is at the end of the rebound consolidation. If it cannot effectively stabilize, and if it cannot break through, there's a possibility of dropping below 80000 or even retesting the 78000 line. Recently, during the US market hours, the trend has generally been to drop first and then rise. This period is greatly influenced by market sentiment, especially the US stocks, which have been continuously declining and are on the verge of a bear market, with panic sentiment being quite strong. The evening session continues to focus on high shorts.
BTC short-term: 84000–84500 short, target 81500, break point 78000
ETH short-term: 1920–1940 short, target 1820
The short-term is currently on a winning streak, but the operations are not ideal. If you have positions that you are struggling to manage, you can consult Xu Bin. #CPI数据来袭 #乌俄停火 #美国加征关税 #SEC推迟多个现货ETF审批 $ETH $BTC #加密市场反弹