#BTC After yesterday’s early morning push higher, it continued to weaken. It first hesitated, then fell back; the total came to 1450 points. After that, it continued drifting lower during midday as well. From the early-morning time to the 779 level, the position has already been indicated, or the risk has been reduced. There were also 1000 hesitating points. Yesterday’s total was already more than 2500 points. After bottoming out again in the early morning, it rebounded slightly once more—but the follow-through after the hesitating also didn’t continue. So how will it move during the day…

The impact from last night’s CPI is still present. The bottoming-out rebound is also driven by the fundamentals from the early morning, but CPI has continuity, while the Middle East situation does not. So the “hesitating” side still has the upper hand. In terms of trend structure, the highs on the hourly chart are still showing a downward rollover. The market is still weak and has not turned into a strong trend. Therefore, within the chop-and-tug of a consolidation range, it’s more likely to keep drifting downward, and a more bearish approach to the “hesitating” is relatively appropriate.

Near 808 to 811, hesitating—watch 796 to 788. #TROLL两日涨超160%