CPI is landing gently, positively affecting market sentiment, and mainstream coins are immediately providing positive feedback.
This time, the CPI did not reach the previously aggressive positive expectations, but the overall direction remains friendly enough to alleviate market concerns about recurring inflation. Funds made their choices immediately, with Bitcoin and Ethereum rising synchronously, indicating that the current market is highly sensitive to the point of "macroeconomic conditions no longer continuing to worsen."
From the market perspective, this wave of rises is strong and relatively quick, not the kind of movement that is just a casual pullback. Ethereum has significantly outperformed the market, showing a willingness to continue to rise in the short-term structure. The key range for judging strength will be whether it can stabilize above 3000.
However, it is important to note that the market is far from a point where relaxation is possible. Whether the Bank of Japan will raise interest rates tomorrow still hangs over the market like a sword. Once the interest rate hike is set, the movement of yen arbitrage funds could very likely disturb global liquidity and impact the crypto market.
The recent characteristics are very clear:
Data is coming in one after another, making the market prone to wild fluctuations.
Sentiment switches very quickly, and the direction can be interrupted at any time by macro variables.
In terms of operations, there is no need to be too aggressive:
Reduce leverage and control positions;
Remember to take profits;
Don’t expect to consume the entire segment of the market in one go.
Being able to stabilize the account in such an environment is more important than judging the direction correctly once or twice. $ETH
