3.11 Market Analysis | CPI Night Session Key Window, BTC/ETH Remain Slightly Bullish After Volatility



Bitcoin surged to a high of 71,748, with Ethereum reaching 2,088. After a phase of bullish momentum, a correction is underway. Tonight's CPI data release may increase market volatility, so close attention should be paid to the short-term emotional impact caused by the data.

From the four-hour chart, Bitcoin pulled back after a rally, currently consolidating around the 70,000 level. The overall upward structure remains intact, and the upward channel has not been broken, leaving room for further expansion. The short-term strategy is to buy on dips, as long as the key support at 68,500 holds, the bullish trend remains dominant.

Key Levels to Watch
• Bitcoin (BTC)
Resistance: 71,000, 71,700
Support: 69,000, 68,500
• Ethereum (ETH)
Resistance: 2,050, 2,080
Support: 2,010, 1,990

Maintain a cautious approach in operations, avoid aggressive chasing before the data release, and deploy in support zones in batches. Prepare risk management measures to handle evening fluctuations.
BTC-0,23%
ETH-0,92%
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