1. U.S. Stock Market and Cryptocurrency Concept: Recently, Bitcoin has been continuously rising, driving the strength of crypto concept stocks, strategy companies, and BTCETH ETFs, leading the U.S. stock market. During the early hours of the U.S. stock market close, BTC surged to 98,000 and ETH to 3,400, currently experiencing a brief pullback. 2. Data Perspective: U.S. November PPI year-over-year growth rebounded to 3%, mainly driven by energy costs, but core PPI remains moderate, indicating that inflationary pressure has not spun out of control again. The Federal Reserve's policy tone remains dovish, but the market expects the first rate cut to occur after the Federal Reserve Chair change. 3. The most concerning tariff ruling continues to be delayed. The Supreme Court has not yet ruled on Trump-related tariff cases and has not provided a timetable. Policy uncertainty remains. On the 1-hour level, there is a top divergence; on the 4-hour level, a double top structure; on the daily chart, a false breakout of the EMA200 moving average was blocked, and a potential top formation is expected. Multiple timeframes resonate bearish. A head-and-shoulders pattern has formed; shorting is possible. Place stop-loss at 3410. Shorting here carries significant risk but also offers greater rewards. If the price drops further, it will test the 3050 support. The potential profit of over 200 points is very attractive. ETH Trading Suggestion: Short around 3350, stop-loss at 3410, take profit at 3250-3200.
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#中文Meme币热潮 Thursday, 1.15 Midday Market Analysis
1. U.S. Stock Market and Cryptocurrency Concept: Recently, Bitcoin has been continuously rising, driving the strength of crypto concept stocks, strategy companies, and BTCETH ETFs, leading the U.S. stock market. During the early hours of the U.S. stock market close, BTC surged to 98,000 and ETH to 3,400, currently experiencing a brief pullback.
2. Data Perspective: U.S. November PPI year-over-year growth rebounded to 3%, mainly driven by energy costs, but core PPI remains moderate, indicating that inflationary pressure has not spun out of control again. The Federal Reserve's policy tone remains dovish, but the market expects the first rate cut to occur after the Federal Reserve Chair change.
3. The most concerning tariff ruling continues to be delayed. The Supreme Court has not yet ruled on Trump-related tariff cases and has not provided a timetable. Policy uncertainty remains.
On the 1-hour level, there is a top divergence; on the 4-hour level, a double top structure; on the daily chart, a false breakout of the EMA200 moving average was blocked, and a potential top formation is expected. Multiple timeframes resonate bearish. A head-and-shoulders pattern has formed; shorting is possible. Place stop-loss at 3410. Shorting here carries significant risk but also offers greater rewards. If the price drops further, it will test the 3050 support. The potential profit of over 200 points is very attractive.
ETH Trading Suggestion: Short around 3350, stop-loss at 3410, take profit at 3250-3200.