Tuesday Afternoon Jingyi's Operational Analysis

Overall oscillation rhythm, waiting for tonight's 20:30 CPI data breakthrough

Tonight's CPI data will have significant short-term fluctuations and is key to determining the subsequent market trend. In simple terms: if below expectations, bulls may break 120000 and rush to 122000; if above expectations, bears may break 118000 and drop to 115000; if close to expectations, there may be a sharp fluctuation before returning to the technical direction.

Daily fluctuations are small, only a few hundred points oscillation. Resistance zone 119600-120800, support zone 118000-116500. In operation, short-term advice is to go short high, lightly short near 119500 during a rebound, add shorts on the rebound, target 118300-116500$BTC $ETH #比特币市值超越亚马逊