CPI Decision Time! $ETH 1850 regained what was lost—are the bulls mounting a counterattack or is it a trap for the shorts?

Brothers, tonight at 8:30 CPI data will decide everything! After ETH broke below 1890, it precisely tapped 1852 to complete the bottoming process, and is now consolidating and repairing around 1877–1884. MACD is turning upward, the lower Bollinger band is stabilizing—near-term short-selling pressure has basically been released. But don’t get too excited yet—tonight’s data is the real winning hand!

Key technical levels:
Major support below: 1850–1855. Once it breaks, shorts will open up space and run toward 1820.
First resistance above: 1897, with stronger resistance at 1910–1935.
Mid-term targets: after breaking 1900, look at 1930–1950. If it holds, the bullish structure repairs and targets 2000–2100.

Yu Chen’s long/short strategy:
Long #1 (aggressive): enter lightly at 1881–1887, target 1897–1912.
Long #2 (steady): when it retraces to 1870–1874 and stabilizes, enter on a bullish turn, target 1897–1918.
Long #3 (defensive): if a bearish wick pushes toward ~1820, add one there, target 1850–1880.
Short strategy: on a rebound at 1890–1895, enter a light short, target 1870–1850.

What are the smart money players doing?

This morning, two giant whales simultaneously started ETH contract TWAP buy orders, planning to accumulate a total of 25,000 ETH. But one whale transferred 5,100 ETH to an exchange, seemingly for an OTC sell. The disagreement between bulls and bears is huge! Coinglass shows that if ETH breaks above 1974, it will trigger the liquidation of 596 million shorts; if it breaks below 1788, it will trigger the liquidation of 581 million longs.

Before the CPI lands, volatility will be sharply amplified—wicks are the norm. Don’t load up before the data; act with the flow after it lands! If you want to follow Yu Chen, come find him at 聊天室!

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