Good morning everyone! After the midnight price of the coin peaked around 105000, it faced pressure and retreated. The altcoin surged strongly, setting a new short-term high at the 2738 line. To cut a long story short, back to the market.

On the daily chart, the candlestick is likely to close positively, basically recovering most of the previous drop. Bullish sentiment is warming up again, with the highest price rebounding to around 104900 at dawn. Bearish sentiment has mostly been digested. On the 4-hour chart, the price maintains its position in the upper mid-range, showing little volatility overnight, basically oscillating in a small range. However, the price has returned above the five-day and ten-day moving averages, indicating that the short-term trend is clearly biased towards oscillation. In the morning strategy, as long as the price can stay above 103000, there is still upward momentum!

Currently, the daily candlestick appears to close positively again, with the upper and lower shadows reaching a delicate balance, but overall it has not broken through the upper resistance level of 105000. It is under short-term pressure and currently in a phase of short-term correction, but the overall bullish trend is clear. On the 4-hour level, the market continues to oscillate within the range of 103500-105000. The three lines of the Bollinger Bands are in a parallel state, so the subsequent movement is likely to continue in a consolidating structure. However, the short-term pullback is just building strength for the bullish breakout. This morning, we will focus on the upper resistance level of 105000. If it breaks and stabilizes above, space will open up. In the morning strategy, we continue to maintain a buy on pullback.

For Bitcoin, you can buy in the range of 103000-103500, targeting around 106000.

For the altcoin, you can buy in the range of 2650-2620, targeting around 2850. #CPI数据来袭 $ETH #Strategy增持比特币 $BTC