Big Cake and Small Cake both under pressure! $BTC and $ETH are both waiting for direction


Brothers, BTC and ETH have been stuck for the whole weekend. Big money is all waiting for tomorrow night’s CPI and the Worsh hearing, so nobody dares to move first.
News: This week’s key variables are CPI + the Worsh debut. The market isn’t just looking at the CPI number itself, but whether Worsh hints at rate hikes. Within the Federal Reserve, some officials have already discussed rolling back last year’s rate-cut measures; if CPI comes in above expectations, rate-hike expectations will heat up further. The Middle East conflict is expanding, but oil prices and risk assets are decoupling—BTC spot ETFs saw net outflows of $214 million last week, and institutions are still watching from the sidelines.
Technical analysis:
BTC: The current price has already fallen below the BOLL middle band, and MACD negative values are widening.
Resistance above: 63,500–64,000, with heavy pressure at 64,500–64,700;
Support below: 62,500—if it breaks, look at 62,000–61,300.
ETH: The current price is running right along the lower BOLL band at 1,772.
Resistance above: 1,800–1,820;
Support below: 1,750–1,760—if it breaks, look at 1,720–1,700.
Public opinion: Ahead of CPI, it’s highly likely to stay in a choppy-to-weak range; a breakout needs a catalyst. BTC at 63,000 can’t hold above it for long, and the probability of a pullback downward is increasing.
Trading strategy:
BTC: On a bounce to 63,500–63,800, short with a small position; for aggressive traders, chase the short at the current price
ETH: On a bounce to 1,800–1,810, short with a small position; for aggressive traders, chase the short at the current price
Ahead of the data, don’t bet on direction—better to miss it than to do it wrong.
#GUSD年化升至3.8% #沃什听证会撞上CPI
BTC-2.62%
ETH-1.89%
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