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BTC: Last night's CPI data was significantly bearish, with a low retracement around 94100, and just now it provided an entry point for long positions. In the short term, it has failed to break through 98500 several times, indicating some resistance at this level. Although the daily candle closed bearish, as long as it does not effectively break below 94800, the price is likely to rebound again.
ETH: Last night it briefly broke through the previous downtrend resistance, but overall it did not close above 2800. The minor support is at 2550, and there is still an expectation for a rebound later.
For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.
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