The currency price maintained high fluctuations during the day, and European market funds did not intervene again, seeming to be waiting for the data in the evening. The data was just released at 8:30, the CPI was slightly higher than expected, and interest rate cut expectations will be further weakened. The ultra-short term does affect the market, but it does not affect the large-level trend.
Ether, still going strong. There is no need to worry if the high level does not break through 3722, and the small level support is around 3950.
SSV, after the daily bottom rose, it started to reach a new high. Tomorrow is the date for the Cancun upgrade to be implemented. Let’s see if it can be sustained.
LTC, after hitting one bar higher, a strong supply appeared, and the previous platform in the short term still needs to be polished.
ORDI, after one shot upward during the day, there was no movement. We will wait until it returns to 85.
SNX, if the daily line moves like this, the probability of a new high in the short term is high.
From the perspective of the strong cycle, the current small-level shock time after breaking through 70,000 is sufficient, and the currency price still has the logic to reach new highs without breaking through 71,300.
It is not certain whether the market outlook will be stronger in the short term, or whether the market will be stronger, and we will still treat the market with a bullish approach. #BTC #ORDI