Thursday, CPI sharply cools down, reference range initially bullish then bearish

Yesterday's CPI data released at 4.2, in line with expectations, serving as an emergency cooling for the market. During the US session, Bitcoin continued to rise, closing near 62,000. For today's trading, refer to the 60,600-64,200 range, first long then short; after the US session, look for high points to short again.

From a technical perspective, the four-hour timeframe still shows consolidation with no clear breakout signals, so we shouldn't chase a one-sided move. Adopt a "no break, no rise" approach; a slight pullback in the afternoon can be bought above 62,000, targeting the previous high around 64,200. If not broken, then short again.

For Ethereum, the same logic applies: above 1620, go long first; monitor 1700 for resistance within the day. If not broken, switch to short. Expect today's volatility not to be too large, so avoid fighting the trend. #美国5月CPI创三年新高