Good evening, brothers. The CPI data was released in the evening and there was not much fluctuation. This kind of market is very uncomfortable. It can't fall down, and it can't rise up. It's best to wait and see in this kind of market. Many brothers are asking whether to go long or short from time to time. I think that in this kind of market, only those small trading teachers can directly call you to get on the bus. They want you to open orders every day, and let you increase your position if you lose money, and then take you to the bottom. They are sharing the spoils with the trading group. I have been keeping a wait-and-see attitude these days. There are several reasons:
1. The current market has reached the support pressure of the weekly and monthly lines. Once it falls below the market, there will be at least two or three thousand points of exploration. It is difficult to judge whether it is long or short.
2. The market has been fluctuating downward. Although the daily line is on the short side, it has now fallen to the vicinity of important support pressure, so the risk of you going short is still very high. Once it falls below and fails to rebound a little, you will be trapped.
Calm down, brothers. The more anxious you are, the more you lose. Either wait for the daily line to stabilize, or Wait until the price falls through before making a layout
Nighttime market trend
BTC
Currently, the price of the big cake is relatively weak. It has already fallen back to the price that rebounded during the day. Pay attention to the small-level rebound of 60900 and 61400 at night. If it rebounds to around 60900, pay attention to the one-hour closing line. If it closes in one hour, it will continue to rebound. If it fails to close at "61400", it will continue to fall. The goal is to test the bottom support pressure of the 59861 daily line. If it falls below, look at 59147.27641. For bullishness, wait at least four hours to close above 61400 to get a stop-loss signal.
ETH
The current trend of Auntie is quite strong and has not fallen much. The night rebound is 2390. If this price is closed in one hour, the one-hour level will start to rebound, and the rebound target is 2419. For the stop-loss signal to appear, wait at least four hours to close above 2419. If it fails to close at 2390 in one hour, it will continue to fall, with a target of 2351.2312.