Before and after the announcement of yesterday's CPI, the currency price was pulled wildly, but overall it still failed to break out of the range, forming a pattern of not breaking the high or the low. However, the pulling space also provides a large operating space, but it cannot be said to go long at the high and short at the low. If the position is well chosen, then relatively speaking, the available space is still very ideal.

On the daily chart, it is not difficult to see that after reaching the high of 110,000, the price of the big cake continued to decline, with the lowest retracement reaching around 76,000. One can imagine how fierce the battle in the middle was. However, this is quite normal in the currency circle, so just treat it with a normal heart. On the daily chart, after the continuous decline of the big cake, there was no continuous further retracement, but a brief correction. Under the influence of CPI last night, the price started to rebound, but a reversal has not been formed. On the 4-hour chart, the price of the cake can be said to be unpredictable, with no clear one-sided pattern. Instead, it goes up and falls back, falls back and rebounds, back and forth. The only thing worth noting is that the low points are getting lower and lower, and the high points of the rebound are also getting lower and lower. Therefore, in this situation, find a good position to go short.
The pancake is shorting at 84000-84600, pay attention to the 80,000 mark, and follow if it breaks. Ethereum is shorting at 1900-1950, pay attention to 1750. #BTC# #ETH# #PI#