The current market data is relatively quiet, with Bitcoin and Ether both fluctuating within a small range.
Maybe everyone is waiting for the CPI data tonight. From last night worrying about the AI sector bubble, the market data overall declined, until the early morning when Nvidia's earnings report was released, which was better than expected, today Nvidia's European stocks also surged. At around 4 AM, Bitcoin rebounded by 5%, Ether approached 7%, and SOL by 10%, which is quite a significant rebound. Moreover, it is stuck at the 15-minute bullish and bearish boundary. So this morning I told everyone not to easily enter the market to open positions, especially not to go long unless there is a valid breakout above 3048. Just wait and see until 9:30 PM.
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The current market data is relatively quiet, with Bitcoin and Ether both fluctuating within a small range.
Maybe everyone is waiting for the CPI data tonight.
From last night worrying about the AI sector bubble, the market data overall declined, until the early morning when Nvidia's earnings report was released, which was better than expected, today Nvidia's European stocks also surged.
At around 4 AM, Bitcoin rebounded by 5%, Ether approached 7%, and SOL by 10%, which is quite a significant rebound. Moreover, it is stuck at the 15-minute bullish and bearish boundary.
So this morning I told everyone not to easily enter the market to open positions, especially not to go long unless there is a valid breakout above 3048. Just wait and see until 9:30 PM.