Bitcoin pulled back from around 110,000 to around 108,000 in the early morning, with a range fluctuation of about 2,000 points.

From the 4-hour chart, the candlestick is operating below the middle band of the Bollinger Bands, with an increase in the momentum bars, and the KDJ has formed a death cross downward trend.

Bitcoin: Rebound to around 108,700-109,200,

Target around 107,500-106,100.

Ethereum: Rebound to around 2,780-2,800,

Target around 2,730-2,690. #CPI数据来袭