#BTC The unilateral trend is about to arrive!!!


Currently, the second pancake is in a triangle resonance pattern. As the high points move downward and the low points move upward, the space for movement is gradually shrinking, indicating that a break is not far off. The side expected to break the triangle resonance is the one moving unilaterally. The probability of a downward break is higher:
1: From a technical perspective: The second pancake has been continuously rising from a low level. The triangle resonance pattern formed after the rise is a rising wedge structure, which is a bearish continuation pattern, meaning it is more likely to break downward.

2: Fundamental factors: CPI release value is greater than 3.8%, core monthly rate is 0.4%. Inflation exceeds expectations, and the Federal Reserve delays interest rate cuts.

3: Macro perspective: Geopolitical conflicts lead to economic slowdown, capital outflows have already begun to surpass inflows, and market confidence is lacking.

Based on the above technical structure, fundamentals, and macro factors, the trend leans more towards weakness. Once the triangle resonance area is broken downward, it is very likely to move toward the 1950 to 1850 range. #美国4月CPI上涨3.8%
ETH0.89%
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