Good morning. Yesterday's market was exactly as expected in yesterday's article. It rebounded during the day. Both Ethereum and Bitcoin reached the position that was suggested yesterday to be shorted again. There is 80 points of space for Yitai and 2400 points of space for Bitcoin. The inflation data of 2.4% released last night was slightly higher than market expectations. After the data was released, the market also ended the rebound during the day yesterday and completed a downward trend. Bitcoin reached a new low on the 3rd, and Yitai was slightly weaker.
Since it was judged on the 7th that the second wave of the daily line would start to decline, four days have passed. The big cake has stepped back with greater force, while the concubine is slightly weaker. The main reason is that the first wave of retracement of the ether was stronger. Now it is approaching the weekend, and it is easy to form a turning point. The second wave of daily line decline is gradually coming to an end. These two days will complete the last wave of short-term decline or go out of shock and bottoming out, and the upward daily line will start to rise at the weekend. Of course, judging from the trend of the big cake, after the recent two days of decline, it is expected that the rebound in the early morning will continue during the day, and it can continue to rebound after the rebound. Just pay attention to the shape of the rebound and whether a reversal shape has been formed. It is expected that there will still be a wave of decline from tonight to tomorrow. Today, the pressure of the big cake should be around 61,000. Bring protection. In case of a reversal and retracement, you need to exit in time.