The situation of a ceasefire in the Middle East is fragile and unstable. Is Bitcoin once again falling below 60,000? Can the market be affected by the World Cup?

Yesterday, the US dollar index experienced a reversal from decline to rise. This morning, due to sporadic firing between the US and Iran, although both sides repeatedly emphasized that it was only limited self-defense retaliation, the market is already certain that there will be sporadic attacks in the short term. Coupled with the high expectations for the Federal Reserve holiday, Bitcoin has already retraced over 1,000 points from its daily high. There will be another dip today during the white trading session, but do not consider the risk of a sharp decline.

Tonight, the most critical CPI data will be released. After the market continues to decline, the short-term support is at 60,500. If there is no volume-driven reversal during the session, the bottom support must be a key level on the daily chart. No matter how the US-Iran conflict is mediated, short-term optimism should be cautious. The market is closely awaiting the upcoming US May CPI data. Before the macro storm lands, risk sentiment remains very cautious. Bulls should not blindly push aggressively.

Ethereum's order book during the session is relatively thin, showing a "door-shaped" pattern with a quick surge of dozens of points followed by a rapid pullback. Therefore, there is no need to consider chasing the rally on the right side. Short-term volume remains below the moving average, which is a sign of potential trap signals. Also, pay attention to timely volume shifts during the session.

Bitcoin is short around 61,800-62,300, with a rebound to 63,500 adding to short positions. The target for the bottom is around 60,500-59,800. If it falls back to 59,000, consider gradually adding long positions.

Ethereum short around 1,630-1,650, with a pullback to 1,600-1,560. Watch for volume-driven declines around 1,500-1,530. Structurally, consider adding longs in batches around the 1,500 area, mainly based on real trading signals! #贝莱德减持BTC增持ETH $ETH