After the evening CPI data was released, the bulls strongly expanded their positions, directly pushing up around 1000 points, followed by a slight pullback. After the U.S. stock market opened, the market maintained a high volatility rhythm, fluctuating repeatedly around 109800, and has not yet formed an effective breakout. The upper pressure is obvious, with rebound momentum being repeatedly blocked in the 110000 range. The market structure shows a consolidation pattern of 'higher lows and lower highs', with short-term stability in price but a lack of clear directional choice, and market sentiment appears slightly hesitant.

From the current trend, the hourly K-line is interspersed between the lower and upper bands running along the middle band. In terms of MACD, the DIF and DEA dual lines are still in a death cross state, but the green bars continue to shrink, indicating a clear sign of weakening bearish momentum. If the red bars re-emerge, it will boost the bulls' confidence. Regarding the KDJ indicator, the K and D dual lines continue to rise, while the J value has risen to a high level and tends to flatten out. Overall, it maintains a slightly strong oscillation pattern, suggesting that there may still be slight upward momentum in the short term, but a lack of strength in volume may easily lead to a pullback after a rise. The Bollinger Bands have not shown significant widening but have instead contracted, indicating a strong sideways consolidation overall. A short-term bullish strategy can be considered, but it is not suitable to chase high prices. It is recommended to pay attention to breakthroughs at previous high positions and act accordingly; data and news will need time to digest.

Bitcoin 109300-109000 is lightly bullish, initially looking at around 110700; Ethereum 2780-2750 is lightly bullish, initially looking at around 2850. #看懂K线 #币安HODLer空投RESOLV #币安HODLer空投RESOLV