6.10 A Million Clock Market Insights

The CPI inflation data will be released at 8:30 PM tonight, and the market has already priced in the related expectations. U.S. stocks, precious metals, and crude oil sectors have all shown a downward trend, and Bitcoin has also experienced a slight correction earlier. The market expects the year-over-year CPI data to be in the range of 4.2%-4.3%, significantly higher than the previous 3.8%. Currently, the market has gradually digested the negative expectations caused by the rising data, and tonight's volatility will mainly depend on the difference between the actual data and market expectations; if the final data aligns with expectations, a bearish correction and emotional recovery are likely to follow.

BTC Market Analysis

The daily chart shows three consecutive bearish candles, and the 4-hour MACD bullish momentum continues to weaken, displaying a divergence between price and volume, with insufficient trading volume during the rebound phase. Focus on the 6060 support level; if the price does not effectively break below this level, there is still potential for a short-term rebound, and buying opportunities can be observed around the support. The short-term resistance is at 6240; if this level is successfully broken, the market may rise again.

Operational reference: You can consider short positions in the 6200-6240 range, with a stop loss set at 6320. The first targets are 6130 and 6060; if the support level is broken, look further down to the 5900 area.

ETH Market Analysis

Operational reference: You can consider short positions in the 1657-1672 range, with a stop loss at 1702. The first target is 1614; if this level is broken, further #Gate直通IPO认购SpaceX targets are 1556 and 1503.