#9月cpi来袭原油美债走势如何
A massive sell-off—the morning’s flash crash dealt a serious blow, sending Bitcoin plunging from resistance at 81,500 to around 80,188. It was still within a manageable range, but Ethereum’s drop was especially sharp, with a sustained sell-off pushing it down to around 2,313. The market was caught off guard. A strong rebound followed. Bitcoin is now back near 81,500, while Ethereum has moved more slowly, reaching only around 2,380. For those still holding the long positions I flagged this morning, be prepared to add to your positions. As I’ve said, stay firm and hold your ground. If you’re still hesitating to buy the dip, you’ll only end up further and further from the bull market.
As long as support at 80,000 holds, the strong V-shaped rebound after the previous test of 80,300, followed by this morning’s sharp rally, clearly shows that underlying support remains strong. This morning’s rapid sell-off in Bitcoin and Ethereum was triggered by last night’s U.S. CPI inflation data coming in above expectations across the board, prompting the market to reassess the likelihood of Federal Reserve rate hikes. The bearish data weakened risk assets across U.S. markets, and BTC broke straight through the key support level at 82,000. A cascade of liquidations on a large number of long positions further amplified the decline. Technically, Bitcoin’s rally to 84,100 during the day session failed to gain traction, so a pullback was already due; the macro news acted as the catalyst for the breakdown. However, the momentum from the news is limited, and after becoming oversold, we should also watch for a corrective rebound as the market swings back from an extreme.
Long Bitcoin around 80,800, target 83,500
Long Ethereum around 2,350, target 2,480
A massive sell-off—the morning’s flash crash dealt a serious blow, sending Bitcoin plunging from resistance at 81,500 to around 80,188. It was still within a manageable range, but Ethereum’s drop was especially sharp, with a sustained sell-off pushing it down to around 2,313. The market was caught off guard. A strong rebound followed. Bitcoin is now back near 81,500, while Ethereum has moved more slowly, reaching only around 2,380. For those still holding the long positions I flagged this morning, be prepared to add to your positions. As I’ve said, stay firm and hold your ground. If you’re still hesitating to buy the dip, you’ll only end up further and further from the bull market.
As long as support at 80,000 holds, the strong V-shaped rebound after the previous test of 80,300, followed by this morning’s sharp rally, clearly shows that underlying support remains strong. This morning’s rapid sell-off in Bitcoin and Ethereum was triggered by last night’s U.S. CPI inflation data coming in above expectations across the board, prompting the market to reassess the likelihood of Federal Reserve rate hikes. The bearish data weakened risk assets across U.S. markets, and BTC broke straight through the key support level at 82,000. A cascade of liquidations on a large number of long positions further amplified the decline. Technically, Bitcoin’s rally to 84,100 during the day session failed to gain traction, so a pullback was already due; the macro news acted as the catalyst for the breakdown. However, the momentum from the news is limited, and after becoming oversold, we should also watch for a corrective rebound as the market swings back from an extreme.
Long Bitcoin around 80,800, target 83,500
Long Ethereum around 2,350, target 2,480