Wednesday, the continuation of the sharp drop is still here— or is it a short?

Today, focus on the CPI data release at 8:30 PM. The previous value was 3.8%, and the forecast value is 4.2%. With this kind of data, the market read is simple: higher than expected is bearish, and lower than expected is bullish. As things stand, U.S. domestic inflation is still staying high, so tonight is very likely to be bearish and move downward.

Ignoring the news for the moment, from a technical structure perspective, the overall momentum remains weak. The continuation of the big selloff is still ongoing—so keep looking for shorts. The overnight rebound high is in the 62,000 area; use that as your reference to short during the day. The target is to break below 6,000. If it breaks the previous low, don’t chase—watch out for a double squeeze and stop-hunt.

Ethereum is the same. Stick to one direction: 1,500 will absolutely not be the bottom of this bear market. For spot, buy in batches on dips. For futures, short first on rebounds. After you’ve captured this wave of downside, then arrange long-term long positions and bottom-fishing. During the Asian and European sessions, short directly in the 1,660-1,680 area.

#Strategy低位加仓1550枚BTC