Attention crypto friends! The freshly released CPI data, though slightly above expectations at 2.7% vs 2.8%, shows a clear market reaction of "insufficient momentum". The surge to 200 points on August 13 is still fresh in memory, yet the price now hovers around 196, with bullish momentum significantly weakened. What does this indicate? The script of "buy the expectation, sell the fact" may be unfolding, with a high probability of intraday fluctuations; do not blindly chase the highs!
The triple strong resistance zone becomes a "roadblock", breaking through is as difficult as climbing to the sky
Currently, the most eye-catching on the chart is the "three mountains" in the 194-200 area:
The previous low resistance at 192 points is like an invisible wall, rebounding multiple times before falling back;
At the upper edge of the 196 point dense chip area lies a large amount of trapped positions, the selling pressure to relieve these positions is huge;
The previous high before 200 points + psychological level is a "double" test; breaking through requires significant capital.
More crucially, the middle Bollinger band at 189 has turned into the intraday bullish-bearish dividing line; if it cannot stabilize here, the pressure above cannot budge!
Strong bottom support at 173-174, short-term probability of breaking below is low
Don’t just look at the pressure; there’s also a "stabilizing pillar" below. A hard bottom support forms near the historical low of 173.34, plus the dense chip area above 174 supports buying; trying to break through here in the short term? Difficult!
Te Ge's exclusive intraday guide: both bullish and bearish have their ways, be steady and watch the play
▶ Bullish players
Entry point: pullback to the 186-187 range + appearance of long lower shadow candlestick
Target: first look at 198 to reduce positions by 50%, clear out at 200
Stop loss: immediately exit if it falls below 184.5
Logic: CPI favorable backdrop + support from the lower Bollinger band, aiming for a technical rebound is fine, but do not be greedy!
▶ Bearish players
Entry point: 194-196 range
Target: first look at 188, then focus on 186
Stop loss: decisively stop loss if it stabilizes above 198
Logic: effective pressure zone + lack of buying power after good news is realized, holding a short position is more secure.
▶ Conservative faction
Don't rush to take action, wait for two signals before entering the market:
Break above 198 and stabilize at the middle Bollinger band, trend change to bullish signal
Volume falls below 184, deeper correction expected, target aimed directly at 173
Special insights from Te Ge
Crocodile mouth contraction: indicators flattening, volatility decreasing, do not chase up and sell down;
Volume is key: breaking above 198 must have volume; rising without volume could be a "false move";
US trading hours: volatility may increase, Asian trading primarily fluctuates, do not rush to place heavy bets.
Te Ge's scythe is faster than the market makers! Follow me, and I'll teach you how to counter the market!#solana #主流币轮动上涨