Good afternoon everyone, Bitcoin, Ethereum, today's market interpretation

#BTC The big coin retraced to around 118000 at 5 AM and started to rebound to a high of around 119200, then it dropped again. Currently, it has retraced to 118600 and is consolidating. Focus on the support levels below: 118000, 117000, 116000, and the resistance levels above: 119300, 112000, 121000.

#ETH The second coin surged to 4370 last night and then started to consolidate and retrace, with a low of around 4190 in the early morning. Last night's rise was basically all reversed. I mentioned in last night's live broadcast that the second coin might form a pattern over 4 hours and then retrace back to the 4160 level, but it only hit 4190, missing by 30 points. Yesterday I advised everyone to wait around 4385, missing by 15 points, really a perfect miss on a single move almost 200 points, it's really frustrating.

For the second coin, focus on the resistance levels above: 4300, 4330, 4350, 4380, and the support levels below: 4250, 4200, 4150.

Currently, the entire market is mostly consolidating, except for the second coin, which is relatively strong, while others haven't moved much. We should wait for tonight's CPI data to be released, as we don't know whether the data will be good or bad. Those without trades can wait for tonight's announcement before making moves.

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