$ETH One word for tonight: short!!
After tonight’s CPI data was released, it came in higher than market expectations, stoking inflation concerns once again. The news immediately triggered risk aversion in the market, and ETH quickly fell back to around 2478.
Looking at the charts, there was indeed some buying support below, but the price failed to make a meaningful rebound. This suggests that bulls are cautious about buying the dip, and the market is still digesting the bearish impact.
U.S. stocks will also be affected by the bearish CPI data and are bound to continue falling. Short the rebound!!!
$BTC #以太坊跌破2500美元
After tonight’s CPI data was released, it came in higher than market expectations, stoking inflation concerns once again. The news immediately triggered risk aversion in the market, and ETH quickly fell back to around 2478.
Looking at the charts, there was indeed some buying support below, but the price failed to make a meaningful rebound. This suggests that bulls are cautious about buying the dip, and the market is still digesting the bearish impact.
U.S. stocks will also be affected by the bearish CPI data and are bound to continue falling. Short the rebound!!!
$BTC #以太坊跌破2500美元