CPI nuclear bomb detonated $ETH —surges 150 points! Was 1886 just the beginning? Don’t let the vertical rally get you carried away!



Brothers, has ETH been strong these past two days? It went from 1748 all the way to 1896—an increase of 150 points—and this CPI has directly burned the shorts. Current price is 1886, and MA7, MA25, and MA99 are all underneath it—this rebound really has something.

On the daily timeframe level, MA7 (1876), MA25 (1854), and MA99 (1811) are all below to provide support. This is ETH’s strongest technical structure recently. On the 1-hour chart, it ran from 1748 to 1896, volume has clearly expanded, the MACD golden cross is diverging upward, and the bulls’ momentum looks strong.

On the news front, CPI came in across the board below expectations, and the probability of a rate hike in July has dropped sharply—this is a direct catalyst. But another piece of news is also worth paying attention to: the US and Iran are locked in a battle of attrition in the Strait of Hormuz, and both sides are fighting for time. Oil prices won’t drop much in the short term, and inflation stickiness still remains. Even Wosh’s hawkish speech this morning is reminding the market: better one-month data doesn’t mean the rate-hike cycle has ended.

Mig’s two-way trading ideas:
Go long on a pullback 1840 - 1810 near stabilization; go short on a rebound around 1890-1910 if a stall signal appears, with a small position

Mig’s personal view: CPI is positive + the technical picture is in sync, and this ETH rally really does have follow-through. But don’t let the vertical rally get you carried away—Wosh’s hawkish speech is still hanging overhead, and the Middle East battle of attrition is ongoing. For now, trade this as a rebound first; when it gets close to 1900, trim some positions, and wait for the true trend to be confirmed before adding back.

#PreIPOs第二期OpenAI认购
ETH1.37%
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