Yesterday, influenced by market news, the cryptocurrency broke a new high and rebounded to around 1006 after an overnight drop. Currently, the daily chart shows a continuous series of bearish candles for a pullback, and the recent decline has broken the previous upward trend. Although the overall movement has started to weaken as it is a correction after the previous surge, the favorable news for the shipping industry will not always lead to a one-sided trend. After a certain pullback and adjustment, there is still a possibility for another surge. Therefore, in the future market, with the support of the larger trend structure, we still view it as a primary bullish structure, with the main concept focusing on the range. Tonight's CPI will also be adjusted.
Around 1010-1050, look at around 1030-1035.
The market is changing rapidly, so do not rely solely on the current market situation, and remember to manage your risk well.
