The market's upward momentum ends, and a mid-term top appears!

Market review: LTC continued the analysis from the previous issue and broke through new highs as expected. BTC has also reached the top of the shock range, and currently reaches the strong pressure range of the shock range and the strong pressure level of daily line Ma144.

Factors affecting the market: The US December cpi data will be released at 9:30 tonight, which will have a certain impact on the market.

Market Interpretation: LTC successfully broke through new highs with the help of halving hype expectations, but the trend was not as strong as expected. In line with the market reaching the resistance zone and the uncertainty of cpi data. Long positions can be cleared and profits taken.

Summary: Bulls should temporarily clear positions and take profits here.

Pay attention to the cpi data at 9:30 tonight. As long as it is not good for the market, today's rise will most likely become a high point in the near future.

If the CPI data is positive, wait for BTC to break through the strong pressure range before entering the market.