Short-term bearish small profit, CPI below expectations, interest rate cut expectations rising, cautious about shorting! June 11 Bitcoin strategy in the evening

During the day, Bitcoin Auntie peaked and retreated, and the current strategy for this pullback perfectly aligns with market trends. CPI did not meet expectations, interest rate cut expectations are rising, and the coin price rebounded from the bottom. I suggested everyone be cautious in cutting losses, reminding friends who followed to set appropriate stop-losses!

The day's pullback has largely been recovered by the interest rate cut expectations, US stocks opened slightly higher, and the US-China consultation talks have reached a consensus, so for the evening operations, Conan suggests primarily looking to go long on pullbacks! The upper pressure positions to watch are 111000 and 112000, while the lower support to watch is 108200, 107500, 106500, and 105000.

June 11 Bitcoin evening operation strategy: Aggressive traders should go long on the pullback at 108200-108500, while conservative traders should enter at 107500-107800, with a stop-loss at 107000, targeting around 109500-110000-110500, and if broken, look for 111000-111500-112000 nearby, continuing to hold based on the situation!

June 11 Ethereum midnight operation strategy: Aggressive traders should go long one lot on the pullback at 2740-2760, while conservative traders should enter at 2680-2700, with a stop-loss near 2650, targeting around 2800-2830, if broken, look for 2850-2880-2900-2950-3000 nearby, and continue to move stop-loss based on the situation!

If Bitcoin does not drop significantly, then Ethereum has the opportunity to catch up to 3000 or even break above it, everyone should be cautious about shorting! If it is a significant sell-off, then it will bring down the market. Recently, spot ETFs for Ethereum have been heavily bet on, so just follow the trend and go long! #CPI数据来袭 #山寨币ETF展望 #以太坊生态回暖