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This guy Trump is out shouting again, last night's CPI didn't make much of a splash, it was all expected.

Bitcoin has not yet surged to new highs, with resistance still around 150, it's hard to break through.

In the early morning, the market saw a small recovery, digesting last night's good news, and the altcoin surged in sync. However, as I mentioned in my notes a few days ago, the altcoin is increasingly not following Bitcoin, showing signs of losing control. Bitcoin couldn't break past 105, while the altcoin strongly broke through 270.

Overall structure shows that the current price is facing strong resistance at 105, forming a clear resistance level. The 4-hour K-line presents a standard V-shaped pattern, with the price continuously rising after touching the lower Bollinger Band, and multiple bullish candlestick bodies are robust. However, the Bollinger Band has not fully opened, limiting the upward momentum, thus there are uncertainties regarding sustained rises in the short term.

From the 1-hour perspective, Bitcoin briefly broke through the resistance level and then immediately entered a correction, with various indicators also retreating, and MACD is gradually shortening, indicating weakened upward momentum.

The RSI on the hourly chart is close to the overbought zone, so it’s worth paying attention to retracement pressure in the short term. The lower Bollinger Band continues to rise, forming strong support, so the price is unlikely to see a deep correction.

In the short term, it's best to operate within a high-level range. Overall, I am optimistic about the possibility of a downward trend.

For the altcoin, if it can firmly stabilize above 260, it will head towards 300; I have always maintained this thought.

The above is just my personal reflection and should not be taken as trading advice.

Use light positions, with stop-losses; only by staying alive can you continue to eat at the table.