Tonight, we will welcome the key economic data - CPI release, which has historically had a significant impact on market volatility, especially in the current environment of high macro uncertainty; the crypto market may face severe fluctuations. We need to prepare key point layouts and defensive strategies in advance to maintain stability and welcome potential upcoming trend opportunities.
Bitcoin (BTC)
Support Range: 116,000 - 115,300
Target Level 1: 118,600 - 119,600
Breakthrough Target: 122,500
Trading Idea: If the price falls back to the above support range as expected, consider gradually entering positions, paying attention to whether the rebound momentum increases; if it breaks through the previous high, it opens up further upside potential.
Ethereum (ETH)
Support Range: 2,880 - 2,830
Target Level 1: 3,015 - 3,065
Breakthrough Target: 3,100
Trading Idea: Similar to BTC, if ETH pulls back to the key support area, it can also be a short-term opportunity; focus on its correlation with BTC and changes in overall market sentiment.
Volatility increases before and after the CPI data release; be sure to set stop-loss and take-profit mechanisms.
Pay attention to changes in trading volume and market liquidity to avoid slippage risks during extreme market conditions.
If the price breaks below the key support level, timely adjustment of strategy is necessary to prevent passive positions.
$BTC$ETH
