Reviewing yesterday's overall trend, Bitcoin retraced from around 71,665 down to the low near 68,932. In the evening, CPI data was released, combined with the US stock market opening, which drove the market to once again reach the upper area around 71,066 for consolidation; Ethereum generally moved in sync with Bitcoin, retracing to the vicinity of 2,005, then rebounding again, with the highest reaching around 2,081 for consolidation. On Wednesday, Shipanzhu also focused on the morning trading ideas for deployment! A total of four buy-low, sell-high orders were placed! Bitcoin's 5500-point space was added on Monday, and the current Shipanzhu trader who joined has already achieved a threefold increase!

On the four-hour chart, it is still operating between the upper and middle bands of the Bollinger Bands, with the bands turning upward simultaneously. The bullish trend has not been fully released and remains dominant. On the one-hour chart, the price has effectively broken through the upper band resistance, and the MACD has formed a golden cross, indicating a relatively clear short-term upward trend. Moving forward, we will continue to observe the support levels below for stabilization. If stabilized effectively, we will follow the trend and deploy long positions. Ethereum's trend is aligned with Bitcoin.

Early morning trading ideas:

Bitcoin around 68,900-69,500 for long positions, targeting around 72,000-71,500.

Altcoin around 2020-2040 for long positions, targeting around 2180-2130.