Don’t blindly chase longs after the spike fueled by CPI data positives; any sentiment rebound induced by the news will ultimately revert to the chart’s technical structure.

Tonight’s CPI came in below expectations, warming up rate-cut expectations and pushing prices to surge quickly in the short term. But this rally is only a short-term emotional lift driven by news stimulus; there are no signals of a medium- to long-term trend reversal.

After the short-term rapid rise, the long side’s momentum is exhausted, and the chart shows a clear need for overextension pullback/repair. Chasing longs at high levels carries extremely high risk. Once short-term market sentiment cools down, the price action will still return to its original trading range.

For BTC (the “big cake”) rebound, sell/short with resistance in the 64,000-64,500 range; target 62,800-61,800.

For ETH rebound, sell/short with resistance around 1,860-1,890; target 1,800-1,750.

Core idea: don’t follow the crowd to bid on the short-term premium created by the news; overall, maintain a bearish high-short mindset, and make sure all trades strictly follow risk control.