Simply from the technical structure of Ethereum, there is still some room for the short term below. The intraday short position for Ethereum can yield a small profit of 30-40 points. Friends who are following can move the trailing stop loss and see how it goes! The CPI is coming in the evening, and the market expects that the inflation report for April may be the last calm before the rise in inflation caused by tariffs.

The median forecast from economists shows that the overall CPI in the U.S. for May is expected to maintain a month-on-month growth rate of 0.2%, while the year-on-year growth rate is expected to rise from last month's four-year low of 2.3% to 2.5%; the core CPI, excluding volatile food and energy categories, is expected to rise from 0.2% in April to 0.3%, while the year-on-year growth rate is expected to rise from 2.8% to 2.9%, which will reverse the downward trend seen this year.

Forecasters indicate that U.S. core inflation may rebound in May, reflecting the mild effects of tariffs on major imported goods, while prices for certain services, such as airline tickets, may see a narrower increase or a direct decline.

The Bitcoin market is slightly consolidating today; if it doesn't fall, Ethereum still looks bullish. Everyone, be cautious about selling! #看懂K线 #CPI数据来袭