All the data this week shows one issue, which is that the economy is recovering, and interest rate cuts are just around the corner! When the CPI came out, I also mentioned that the impact is only short-term, at most just for this week. I have already sold 80% of my Ethereum spot above 2700, and I am not planning to operate on the remaining portion, instead waiting for subsequent market movements!

Currently, a large part of people is on the path of chasing highs, and the undeniable fact is that risks are increasing sharply! The current pressure for Ethereum is at 2850. If this level is broken, then 3000 will be within reach. If it does not go up, then the market makers will definitely continue to liquidate a wave of long positions! Conversely, after breaking through, they will liquidate those who shorted at the top!

Bitcoin had a spike last night to around 101270, but did not break the 100000 level. After all, it rebounded to around 104000 today, so the subsequent market will use 100000 as a dividing line for long and short positions. After reaching this level, one can open positions to bet on a rebound!

For long positions in Bitcoin, one can enter between 100800-101500, with a stop loss at 99999! Target 103000-105000!

For short positions, enter between 104000-105000, with a stop loss at 105900, target 101500-102000!$BTC