Inflation data all exceeded expectations! Bitcoin and ETH support stabilize, and here’s the follow-up layout idea for 5.12



CPI year-over-year is 3.8%, core CPI year-over-year is 2.8%, and core month-over-month is 0.4%—all three came in above expectations. Core inflation rose in sync, and the deeper transmission of inflation aligns with the bearish outlook. After the data was released, Bitcoin retraced to 80,500, while ETH weakened at the same time, with bearish sentiment concentrated into a full release.

On the 4-hour chart: Bitcoin touched 80,000–80,500 core support to stop the decline, printing a lower shadow. Strong buy-side support followed. As long as this support holds, the bullish structure remains unchanged. This is a bearish test of support—not a trend reversal. Short-term indicators are oversold, and there is rebound momentum. The 4-hour close will set the direction:
✅ If it holds at 81,000, bearish sentiment is exhausted—watch for 82,000;
⚠️ If 80,500 keeps being attacked but doesn’t bounce, beware of a dip to 80,000 or 78,500.

Strategy ideas
Bitcoin: Long near 80,500, target 82,000, stop loss 80,000
ETH: Lightly long near 2,280, target 2,330
$ETH $BTC
ETH-2.93%
BTC-2.08%
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LikeMaple
· 2h ago
Still falling
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