CPI tonight's release of easing expectations will directly impact the market trend, will the weekly K chart see a key surge or a crash and plunge?



It’s important to know that the reason Bitcoin has been able to rebound strongly on the monthly chart is really because the Middle East situation has gradually cooled down before? Or has the conflict eased, the situation stabilized, crude oil prices also fell back, inflation concerns decreased, the dollar and U.S. bond yields weakened, pushing gold (XAU) higher? Now that the situation is tense again, the safe-haven premium of gold is slowly fading, and the market is no longer simply speculating on war and risk aversion, but returning to follow the Federal Reserve’s interest rate and real interest rate trends.

The crypto market is currently oscillating near the weekly resistance level, testing 82,000 again yesterday. Unfortunately, trading volume was insufficient to break through effectively, and the market retreated to a support zone for sideways consolidation. The current chart has entered a critical point game window. To fully open the upward space later, we must wait for a volume breakout confirmation. Only with continuous influx of funds can the market gain momentum and sustain an upward trend.

Recap of yesterday’s script: The daily chart of Bitcoin repeatedly tested the bottom of the range to go long, with the European session hitting 80,600 multiple times. The short-term rebound looked at 81,300-81,500. Before the U.S. session, it also moved upward to realize gains, and in the evening, it also openly entered long at 80,700. Ethereum is also bullish at 2,310. The four-hour chart closed with a volume breakout above 82,100, with Ethereum at 2,350 resistance still not broken. The reason why the short-term daily structure repeatedly emphasizes 2,350-2,380 as critical is because of the fluctuations during the session, and the position must change accordingly—that’s the logic of trading!

Today’s Bitcoin resistance is at 82,500, with support at 80,300. The smaller timeframes still focus on high sell and low buy, while Ethereum remains weak, so control your position and lock in profits. The key support is at 2,260, with the main upward pressure still at 2,350-2,380. Based on fundamental analysis and technical judgment, the trend direction will definitely emerge!

Trading is about focusing on intraday short-term fluctuations; if you only watch that, you won’t make money and will lose your rationality. The real trend begins when you understand the logic and essence of trading. #特朗普5月13日访华 $BTC $ETH
BTC-0.42%
ETH-1.99%
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