Analyst Liang Qiu: 7.15 CPI Data Causes Bitcoin to Hover with Fluctuations, Ethereum Peaks Again - Is This the Last Frenzy for Aunt Tai?

Bitcoin/Ethereum surged again in the evening due to the favorable CPI data, while Bitcoin has not seen a significant rebound since dropping over 7000 points from yesterday's high. Aunt Tai quickly rose to the 3066 line. Friends who did not exit the high-positioned long positions during our daytime layout can consider averaging down as Aunt Tai rises, waiting for a drop in the evening. The rise of Aunt Tai seems more like a flicker of light before darkness, and everyone should primarily focus on the Bitcoin trend.

In fact, Aunt Tai's rise still lacks vigilance. I have mentioned multiple times that during each round of significant increase, Bitcoin tends to fall first, with Aunt Tai showing a certain lag, usually dropping a day later, followed by a sharp decline. Previous reports have indicated this, and as a result, today around 3000, the market could not resist the short positions, but there is not much issue with the layout.

In the evening, operate by shorting Bitcoin/Ethereum at the current prices of 117600 and around 3050, targeting 116000 and around 2940.

【The above analysis and strategies are for reference only, please bear the risks yourself. The article's review and release may lack timeliness, please refer to real-time data】 #CPI数据来袭