TokenNewbie
vip

With the release of the CPI data on July 15th at 8:30 PM, the cryptocurrency market may experience new changes. However, we should remember that the impact of all news will ultimately be reflected in the price charts.



During today's daytime trading, we observed selling behavior from large holders, but encountered resistance around 106200. Therefore, the market strategy for the afternoon remains unchanged, and investors should closely monitor the breakout situation at the 116000 level. It is worth noting that even if the 4-hour chart fails to break through, it will not significantly impact the overall upward trend, especially considering there is technical support below.

For Bitcoin, we suggest paying attention to potential pullback opportunities in the range of 115700 to 114100. If a rebound occurs, the target price may be between 118300 and 120000. If this range can be突破, there is hope to challenge higher levels between 125000 and 131000.

As for Ethereum, you can pay attention to potential buying opportunities in the range of 2930 to 2870, with upward targets possibly between 3015 and 3055. If this range is broken, the next target range may be between 3080 and 3200.

Investors should keep in mind that the cryptocurrency market is highly volatile, and it is essential to conduct thorough research and risk assessment before making any investment decisions. At the same time, market conditions change rapidly, and timely adjustments to strategies are key to successful trading.
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
BTC:1Dollar,1,000Satvip
· 07-15 15:17
Releasing it tonight is considered favourable information in the crypto world, how come it rises a bit and then falls back again?
View OriginalReply0
IronHeadMinervip
· 07-15 11:49
Anyway, it's just about speculating to see who dies.
View OriginalReply0
ChainDetectivevip
· 07-15 11:41
Still looking at CPI and technical analysis all day, already all in.
View OriginalReply0
BlockTalkvip
· 07-15 11:39
Large Investors have started to offload again.
View OriginalReply0
MevTearsvip
· 07-15 11:34
Let's see the CPI.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)