Chuangjin Community - Analysis for April 11, 2025
Although the CPI is below expectations and the blockchain is favorable, there are too many profit-taking positions. If the consumption index shrinks too much, policies to stimulate consumption will be introduced. Currently, there are no orders at the market price, making it difficult to move; it could go up or down... This week's news has a significant impact.
On that day: small scale rebounds, large scale bearish.
Resistance Levels: 1620, 1750, 81800, 84200
Support Levels: 1450, 1360, 78500, 76500
Ethereum on that day: first rebound then short, after a pullback go long.
Short at 1580, 1590, stop loss at 1610, take profit at 1480, 1440, 1420.
Long at 1440, 1420, stop loss at 1400, take profit at 1580, 1590.
If there is an opportunity to break 1380, 1360 go long and hold for a larger position, stop loss at 1350 or enter on divergence, aiming for 1680, 1750 for take profit.
Bitcoin on that day: first slowly short on the way up, short near 81500, stop loss at 81800, take profit at 78500, 76800, 76300.
Long at 76300, 76800, or start paying attention when a 1-hour divergence occurs, take profit at 81000, 81500, break-even aiming for larger positions at 84200, 86500.
Combining live broadcasts and technical analysis, manage position control, for reference only #CPI数据来袭