Last night's CPI impact was not that significant. After some fluctuations, the market has finally resumed its upward trend. Bitcoin has consistently stayed above the 113500 level since breaking through it the day before, continuously building momentum to rise. Currently, it has reached a high of 115300. Despite the CPI data being released yesterday, the market only experienced a brief pullback of about a thousand points, which did not alter the overall trend. From the current pattern, the market has already achieved a trend reversal, with new highs being set continuously. Each pullback is building strength for the next breakout. In cryptocurrency trading, it is crucial not to adhere to a single mindset; flexibility in response is key.

From an overall structural perspective, Bitcoin has currently established a clear upward channel, with short-term resistance at around 117500. Each pullback is limited, exhibiting a bullish momentum characteristic of 'small downward bars followed by large upward bars', and the trend is strong. After consolidating at a high level, it has once again broken through, with resistance gradually moving higher and new highs continually being refreshed. Morning operations suggest continuing to buy on dips.

Bitcoin is trading long around the range of 114500-114800 in the morning, targeting 116500.

Ethereum is trading long around the range of 4400-4430 in the morning, targeting 4600#CPI数据来袭 $BTC #PPI数据来袭 $ETH .