Today's market analysis

$BTC saw a slight rise after the CPI data was released yesterday, reaching a resistance level before pulling back. Currently, it is consolidating around 103780. In comparison, Ethereum had a relatively small fluctuation yesterday, especially since it broke a new high. For Bitcoin today, keep an eye on the support level at 103000.
As long as it doesn't drop below this level for 4 hours, it proves that the bulls are still in control.
$ETH Ethereum's market sentiment was ignited directly after yesterday's CPI data was released. Coupled with the fuel for bulls from the day before, it broke through new highs again in the early morning. After Ethereum surged by 200 points, altcoins also followed suit and broke through. However, it's quite unusual for Ethereum to surge by 200 points when Bitcoin hasn't broken through by much. It is important to note that the next washout of bulls may be more severe!
It is not recommended to chase highs now; do not blindly open positions without a particularly good entry point!
Pay attention today to whether the 4-hour chart can hold the 2620 position. If it holds, it will continue to rise; otherwise, it will be the opposite. The resistance above is at 2695 and 2738.
Intraday focus: PEOPLE 1000SATS BOME
#ETH突破2700美元