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Time passes quickly, but the intraday market is too weak. Although it is following our strategy, Bitcoin has yet to form a strong continuation, and the daily fluctuations are really too small. We have entered multiple long positions, and Bitcoin is only around 4000 points, while Ethereum has over 90 points. There is also an uncounted factor, which is influenced by the CPI data released tonight. The only good thing about such small fluctuations is that the risk is much lower; the key is to choose timely exits for safety and avoid overholding and waiting.
Looking at the 4-hour chart, the price is oscillating within a small range, with the market showing consecutive bullish days. Based on the current trend, the upward movement is likely to continue. Even if there is a pullback again, it would be like fishing for the moon in the water, with no real result. Therefore, we will continue to follow the previous bullish outlook. In the short term, the trend of oscillation has not stopped; in the past two days, Bitcoin has been moving within a narrow range. The bulls have the advantage, so there is no issue with being bullish.
Tonight, Bitcoin continues to trade between 69,600 and 69,200, with a focus on 71,500. Ethereum is between 2,040 and 2,010, with attention on 2,120.