In recent days, the white plate has been volatile, with spike movements often occurring in the evening. After a rise and fall this morning, overall fluctuations have been relatively limited. What needs to be focused on is the CPI data expected to be released in the evening, which is anticipated to trigger significant volatility. Our layout has already begun, and it is recommended to operate with light positions and set strict stop-losses.
From the overall recent trend of BTC, the market continues to show a situation of mutual destruction between bulls and bears, with repeated fluctuations; currently, it is still in a downtrend, and the wave target can be seen around 84000. The recent market has almost been dominated by a continuous 'painting door' trend, with both rises and falls lacking sustainability; overnight positions are prone to profit giving back, where the points may not have changed, but the positions are gone.
Regarding the subsequent trend, the downtrend is expected to continue, but the process may be relatively complex, and the rhythm of rebounds and peaks may be difficult for everyone to grasp. The key resistance levels to focus on above are as follows: first is around 87000, where the position has not yet stabilized; prices may fall back from this point; secondly, the range of 88000-88500, if it breaks through 87000 and stabilizes above, may further explore this area and then pull back again after triggering stop-losses.
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