Intraday repeated short positions. Currently, the evening also has Ethereum taking 45 points of space. From the current market perspective, Bitcoin is showing a four consecutive bullish trend on the 4-hour chart, and the Bollinger Bands are in a converging formation. This technical characteristic indicates that short-term market volatility has decreased. Judging by the market environment, the current oscillation convergence is likely a phase of capital waiting and market sedimentation ahead of the CPI data release. From the trend indicators, the lower Bollinger Band has shown signs of turning upwards, clearly indicating that the short-term upward trend has a foundation for continuation. In terms of momentum indicators, the KDJ indicator shows a bullish arrangement (K>D>J) with all three lines turning upwards synchronously, further confirming the short-term bullish signal; although the MACD indicator is still below the zero axis, it has formed a golden cross and both lines are continuing to diverge upwards. Meanwhile, the green bars are continuing to shrink, and bullish momentum is gradually accumulating, further solidifying the technical support for the continuation of the short-term bullish trend. $BTC$ETH
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