Last night's trend was exactly like Xiaoma's analysis: 3/12

CPI data favoring followed by US stock opening higher drove Ethereum up
However, unfortunately the strong resistance at 2085 still wasn't broken
Three or four wicks went up, but it still pulled back
On the hourly chart, you can see Ethereum has been consolidating these past few days
Can't break above 2085, can't break below 2000
This is just preparation before the whales start harvesting
Today was still a day without volume, the market kept moving sideways
The 4-hour chart is currently at a critical decision point. After yesterday's spike and pullback to the middle band, there's resistance. Need to focus on the 69000 key support level below. If this position is effectively broken down, subsequent downside space will open further. The hourly chart has transitioned into high-level consolidation after a rally, with clearly weakening upside momentum and continued pullback demand accumulating. Major cycle K-lines are currently under pressure from the downtrend line with further pullback risks ahead. Continue treating the evening with a shock trading mindset.
Bitcoin: continue shorting around 70000-70500 range, target around 69000-68500, look for continuation after breakout.
Ethereum: consider shorting around 2060-2080 range, target around 2010-1980, look for continuation after breakout. #Gate蓝龙虾重磅上线 #伊朗明确达成停火协议要求 #原油价格上涨 #3月CPI数据出炉