The data for #CPI will be released on Tuesday, with a previous forecast of 0.1 and a market prediction of 0.3. Currently, the probability of negative impact is relatively high, but we cannot rule out intervention by Trump, so caution is advised for potential downward spikes.
We should pay attention to the levels 114688-113668 below, which can be considered as Bitcoin aiming for $10,000 upwards and a downward spike of $5,000. For short positions, it is advisable to set limits around 119333-120131, focusing on the key psychological level of 120,000, as breaking through such significant levels of $10,000 is not that easy.
Current data for #降息预期 7 shows that the probability of interest rate cuts is almost 0, while expectations for a rate cut in September have risen to 33.9%. Meanwhile, US stocks, including the Dow Jones, Nasdaq, and S&P 500, are hovering around their peaks, having rebounded for three consecutive months since April. If a correction occurs, it will be like a sword hanging over our heads.
For #ETHUSDT , Ethereum is defending the 3000 point level. After more than 5 months, it is very challenging, and Ethereum has finally returned to around $3,000. Is it gathering strength for a breakout, or is it just a temporary pullback? Recently, there has been continuous inflow of ETF funds into Ethereum, pushing the price back. However, the range of 3050-3250 has too many trapped chips, requiring time to digest, making it difficult to break through directly in the short term.
One can refer to the consumption of chips in the range of 2650-2750 in May. In the short term, it's better not to chase long positions and focus on the pullbacks at 2860-2810-2766. For the upper range of 3030-3070, one can consider entering short positions, with a stop loss of around $40.