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#美国核心物价涨幅不及市场预估 The 96000 level has been broken, what does this mean? The lows are being raised one after another, and the overall situation is starting to look bullish. Breaking through 100000? That's not surprising.
This week's trend is quite interesting—rising from 90000 all the way to 97900, then a bit of a pullback, bottoming out at 94200 before bouncing back. Currently, it's fluctuating around 95000. Looking at the daily chart, the Bollinger Bands are clearly expanding upward, and the MACD is also starting to increase in volume; looking at the weekly chart, although the MACD is shrinking, the direction remains solid. This is a typical sign of a confirmed bullish trend.
Let's talk about the trading strategy. $BTC can consider 94200 as an entry point. If the price continues downward, add a position around 93200, with 92400 as a defensive line. On the upside, 98000 is a relatively near target; if the price truly stabilizes above it, then 102000 is not far away. $ETH and $ZEC can also follow the rhythm.
The US CPI data didn't meet expectations, which still boosts market sentiment for cryptocurrencies. At least from a technical perspective, the bullish momentum hasn't weakened.