Yesterday's CPI exceeded expectations, spot gold and silver came under pressure, and major cryptocurrencies like BTC and ETH also declined;

Additionally, the US stock market opened weak, and old Trump mentioned upgrading geopolitical tensions, which intensified the bearish sentiment.

BTC broke through 80,000, stopping at 79,800; ETH halted around 2,255, which is somewhat fortunate;

In the late session, the Nasdaq rebounded from the bottom, and Waller will serve as the Federal Reserve Chair, who has previously invested in the crypto space,

Although he stated that he has divested from related fields, fundamentally he is still quite optimistic.

From a technical perspective, BTC still finds it difficult to deepen its decline in the short term, maintaining the 80,000 level is not a big problem, and ETH has strong support around 2,250;

BTC suggestion: go long near 80,500, add on dips at 80,000, target 81,500--81,800;

ETH suggestion: go long near 2,265, add on dips at 2,240, target 2,315--2,330.