Is there still momentum for further increases?
Let's first take a look at the U.S. April CPI data to be released tonight at 20:30. In any case, for now, there are no significant negative factors.
The previous March CPI recorded 2.4% (below the expected 2.5%). BTC may have the potential for short-term adjustments. If inflation rises, the possibility of a rate cut in June is unlikely. Bitcoin is expected to wash out to the 90,000 range for another attack. Be cautious of short-term pullback risks.
$ETH is influenced by the resolution of tariffs, along with the news of Trump issuing a coin again. After breaking 2600, it quickly retraced and is currently fluctuating around 2500;
$SOL closely follows its big brother and second brother. After breaking 180, it quickly retraced, dropping below 170 at its lowest. Currently, it needs further stimulating news; if it falls, it will naturally look to the lower position around 155 first. Pullbacks are all for a better and stronger rebound.
