The CPI data released yesterday did not have much impact on the market. After the data was released, the market rose to 29732, and then fell under pressure to 29308. The short position near 29700 then rebounded and the long and short positions rotated. The current price is around 29450 and is fluctuating and repairing. Yesterday's analysis of the big cake short position was almost entered, and the empty position of the aunt gained 30 points of space. The daily free analysis is open and transparent, and refuses to be a hindsight. Welcome to read!
From a four-hour perspective, the operating channel at the four-hour level is running in an upward and narrowing state. Five consecutive negative lines caused its price to weaken and fall. The moving average is circuitous, and there are signs of a turning point. The downward trend is blocked, and the bottoming trend in the small cycle is strong. The bulls are also slowly being suppressed by the bears. Intraday operations are mainly high and low.
Intraday operation suggestions:
BTC: short around 29650-29750, defense 30150, target 29000. ETH: continue to short around 1865-1875, defense 1915, target 1810. #BTC #ETH $BTC $ETH $BNB
