The CPI data that the whole world is paying attention to is actually beneficial or detrimental ———— $ETH
The intraday Ethereum trend is still relatively weak. On one hand, large funds and institutions are maintaining a wait-and-see attitude; on the other hand, profit-taking has already exited steadily. So, let's talk about my views on the CPI data. Currently, the 4-hour line has significant support in the 4230-4250 range, indicating that the market has moved out. The CPI data is still beneficial, with a bullish outlook as the main focus.