From the perspective of Ether's technical structure, there is still some space below in the short term. The intraday short order strategy for Ether can earn a small profit of 30-40 points. Fren who are following can move their stop loss and watch the situation! The heavyweight CPI report is coming in the evening, and the market expects that the inflation report for April may be the last bit of calm before the rise in inflation caused by tariffs.
Economists' median forecast shows that the headline CPI growth in the United States will remain at 0.2% month-on-month in May, and the year-on-year growth rate will rise to 2.5% from a four-year low of 2.3% hit last month. Core CPI, which excludes the volatile food and energy categories, is likely to rise to 0.3% m/m from 0.2% in April and 2.9% y/y from 2.8%, reversing the downward trend this year.
Forecasters indicate that core inflation in the U.S. may rise in May, reflecting the moderate impact of tariffs on key imported goods, while prices for certain services such as airfare may narrow their increases or decline directly.
The intraday Bitcoin is undergoing slight consolidation, and since it can't drop further, Ether still looks bullish. Everyone be cautious about selling!
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ConanTrendIsKing
· 06-11 09:27
Friends who are following the Ether short order can take profits or move the stop loss for Poly!
From the perspective of Ether's technical structure, there is still some space below in the short term. The intraday short order strategy for Ether can earn a small profit of 30-40 points. Fren who are following can move their stop loss and watch the situation! The heavyweight CPI report is coming in the evening, and the market expects that the inflation report for April may be the last bit of calm before the rise in inflation caused by tariffs.
Economists' median forecast shows that the headline CPI growth in the United States will remain at 0.2% month-on-month in May, and the year-on-year growth rate will rise to 2.5% from a four-year low of 2.3% hit last month. Core CPI, which excludes the volatile food and energy categories, is likely to rise to 0.3% m/m from 0.2% in April and 2.9% y/y from 2.8%, reversing the downward trend this year.
Forecasters indicate that core inflation in the U.S. may rise in May, reflecting the moderate impact of tariffs on key imported goods, while prices for certain services such as airfare may narrow their increases or decline directly.
The intraday Bitcoin is undergoing slight consolidation, and since it can't drop further, Ether still looks bullish. Everyone be cautious about selling!