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Afternoon confirmation of the support below, slight rebound and upward movement, with Bitcoin reaching a high of 61,783. Ethereum also recovered to around 1,642. The previously established long positions have been unwound. Focus on the breakthrough of key levels in the future.
Key support and resistance:
Bitcoin:
Support at 61,000-60,700, resistance at 62,300-62,800
Ethereum:
Support at 1,615-1,620, resistance at 1,680-1,745
CPI data will be released tonight at 20:30. If the market interprets it as a sign that negative news has been exhausted, the rebound may accelerate; if the data exceeds expectations and is strong, beware of the risk of a second bottom.
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