Thursday, CPI lands— the market wobbles first up, then flat!



Yesterday’s CPI data didn’t come in much beyond expectations. The panic over a short-term rate cut eased. The reported value is 4.2—everything was within expectations. The whole “small run long” move is also validated—+628 completed the phased target!

From last night until now, news from Yimei has continued to affect things. The “yellow-haired guy” has been talking big here nonstop, and the “dog-skin plaster” kind of rhythm keeps playing out—but the market seems already immune. The impact on the rhythm is very small. Other than this, there’s no new strong negative news.

As for the short-term rhythm right now, on the 4-hour timeframe it’s still consolidating in a range. The Bollinger bands’ upper and lower tracks can be used as overhead resistance and support. As long as they don’t break, you won’t get room to move. The hourly RSI has entered the oversold zone. From yesterday to today, the 60700-61000 area hasn’t broken down—showing clearly evident buying strength. The psychological support at 60000 is extremely strong in the short term; it’s difficult for a one-time drop to break below.

For the end-of-week trading plan, it’s recommended to first follow market sentiment—look for longs on rebounds. If it moves up, then short in the chop—don’t let it over-rotate!

BTC, in the early session, go long around 616—look for 628-640! If it’s touched but doesn’t break, take a short for a pullback!

ETH, showing consolidation—without the same strength as BTC. Go long in the 1615-20 zone, look for 1675-90. If it doesn’t break, reverse to short for a pullback!

The gold sector is still very weak. It’s basically consistent with previous expectations—continue looking for shorts down to the 3860-3560 support area!

That’s all for now. Wishing everyone smooth trading and a happy time trading!

#美国5月CPI创三年新高 #Gate直通IPO认购SpaceX $BTC $GT $ETH #美伊冲突升级
BTC2.49%
GT0.77%
ETH1.76%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
AUltramanIdea
· 2h ago
Steadfast HODL💎
View OriginalReply0
AUltramanIdea
· 2h ago
Just charge forward 👊
View OriginalReply0
AUltramanIdea
· 2h ago
Just charge forward 👊
View OriginalReply0
AUltramanIdea
· 2h ago
Buy the dip 😎
View OriginalReply0
  • Pinned