Be cautious when trading with uncertain directions
比特财经阿杰
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Accurate market analysis for the midday trading on January 12! Operation suggestions!
1️⃣BTC is expected to fluctuate in the range of 95300-93800, and it is expected to fall again after rebounding! Upper pressure is 95300, and lower support is 92000~91600
2️⃣ETH is expected to fluctuate in the range of 3340-3220, with upper pressure around 3400 and lower support around 3200.
Yesterday, Saturday, there was no important news/data, only the market stock funds were playing games, and Saturday showed a fluctuating consolidation trend. Today is also presented with oscillating consolidation, up and down fluctuations,
3️⃣Focus on the following key time nodes! 1. New York inflation expectations data will be released at 12:00 midnight next Monday (0:00 on Tuesday),
2. US PPI data will be released at 21:30 next Tuesday
3. US CPI data will be released at 21:30 next Wednesday
All three data have potential negative tendencies, so we cannot have too high expectations for the height of the rebound today, and we must guard against the risk of downward movement during the night trading period!
The above market analysis and operation suggestions are for reference only! I hope it will be helpful to you!
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