Wednesday: Consolidation and Recovery, CPI is the Main Event

Trading is a long-term job that tests not only skills but also requires a good mindset. There is no invincible myth, only the resilient little cockroach.

Yesterday's market showed a slow upward trend followed by consolidation and fluctuations. Although the bulls managed to recover and extend, they did not exhibit strong momentum, which significantly impacted the short term and caught us off guard.

From a technical structure perspective, on the four-hour level, prices recovered and consolidated at high levels. Bullish volume has formed a continuous release, and moving averages show steady upward trends. The bulls have a certain sustainable demand, but there is no strong surge. In the short term, fluctuations have replaced corrections. An upward channel has gradually formed, and the bearish volume cannot drive prices down. The bulls hold a certain advantage, and a gradual rise is just a matter of time.

Today, we maintain our strategy of buying low:

In terms of operations, I personally suggest buying in the 96600-97000 range, looking at 98000-98500, with a longer-term view of 100000#美国PPI温和上涨 #美国CPI数据即将公布 #美国CPI数据即将公布 #比特币价格走势分析 $BTC $ETH .