Contract trading is a game with yourself. The market is just a mirror that reflects your inner greed and fear. The real winners understand that risk control is not a skill, but a philosophy of survival. It is more important to plan a retreat route before entering the market than to blindly pursue profits. In the afternoon, the big cake stabilized near 102,200 and began to gradually rise, pulling back all the data of the plunge last night, and walked out of a strong V-reversal. The rise of this wave of bulls is also in our bullish thinking in the afternoon. In the afternoon, we again arranged a long order of 102,300, directly taking profit of more than 1,400 points, and Ethereum simultaneously took more than 70 points. The current price ratio is around 103,600.
At 8:30 in the evening, the CPI data came strongly, leading the price of the leading currency to start a large fluctuation. It is not impossible that the good news will rise by 1,000 points first and then fall by several thousand points like the last time. So I will not give too much technical analysis today. As for the current trend, bulls still occupy a dominant position. At present, the hourly line has a rising trend. As long as it stands above the 100,000 and 4,000 mark, the price of the currency will rise again. If you can't grasp it, you can wait for the CPI data to be released before making a layout. Aggressive friends can enter the market at 103,000 to 103,500.
Big Bitcoin idea: long around 103,000-103,500, target 105,000
Ether idea: long around 2480-2500, target 2600
