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6.10 A Million Clock Night Market Insights
This evening's CPI data release generally met market expectations. In terms of market movement, the cryptocurrency price experienced a rapid rebound, with the price testing the 62,400 level, and the rebound trend has not yet ended.
Previously, a short position was established at 61,644 and successfully took profit of over 700 points before exiting; currently, a second short position was entered at 62,340 and continues to be held. From the overall market perspective, this upward movement is only a weak rebound, and the overall major trend remains bearish. The current price is in a low-range zone, oscillating and repairing, digesting short-term bullish momentum through sideways movement.
The trading strategy remains to follow the trend and look for opportunities to short, with a preference for short positions during rebounds.
For Bitcoin, consider short positions around 62,500, targeting the 61,000 area;
For Ethereum, consider short positions around 1,670, #Gate直通IPO认购SpaceX targeting the 1,600 area.