Bitcoin remains unchanged, Ethereum has changed, and altcoins are falling together. The CPI time is approaching soon, and the market is already digesting it in advance, the same principle still applies. The recent strong recovery of the US dollar indicates expectations for the future, still under high-interest-rate pressure policies, so we still need to watch the CPI results. However, the rise and fall before the data is not a bad thing; everything could reverse after the data.


Ethereum's decline has dealt a heavy blow to market morale, with many coins continuing to hit new lows, and market sentiment has greatly diminished. The medium-term uncertain expectations have increased. The good news is that Bitcoin still held the 25,000 level, so there are many possibilities for the future. As mentioned earlier, the pullback is an opportunity for spot trading; Ethereum around 1550 is near the mid-term upward trend line, let's see if it can hold. Although the current environment is unfavorable, many changes happen in an instant. Still believe that medium-term opportunities are approaching, and the key is nothing more than the Wednesday data itself. If the data is not unexpectedly pessimistic, the market should enter a recovery phase. $BTC
BTC-1.62%
ETH-2.44%
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