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This afternoon’s day shift was also a day of oscillation. Although the CPI data was released at 8:30 PM tonight, after that the market didn’t see much price movement—everything was still in a process of oscillation correction. In the early morning, Bitcoin also pushed back to around the 80,000 level again. Overall, the trend still looks like a slow, steady drift downward. With the CPI data released, our previously arranged long positions also took some small profit and exited directly. It’s clear that Bitcoin is going to move into a new round of market action, so there’s no need to keep holding continuously—it's better to reposition for the next wave.
After this wave of news simmering, the market also began to follow the negative news and pull back. In the hourly timeframe, the Bollinger Bands’ middle band has started to diverge downward, moving from the upper band all the way to near the lower band. This wave of bears is executing steadily and with confidence. It has even extended to the 4-hour timeframe, causing the Bollinger Bands to diverge. Now it remains to be seen whether the 80,000 level can hold. In the early morning, you can arrange a short-term short position appropriately.
Go short on Bitcoin directly, watch 79000
Go short on Ethereum synchronously, watch 2220#Gate广场五月交易分享 #TROLL两日涨超160% #Polymarket每日热点