12-11 Super Brother's Evening Thoughts

This week's market, as expected, continues to show a fluctuating trend. Currently, it is still in a washout and fluctuation phase. Tonight we have CPI; what kind of sparks will data create when it meets consolidation?

Personally, I still bet on a rise followed by a fall, catching the mudfish in the big waves, firmly holding onto high positions to short.

From a technical perspective, Bitcoin shows a pattern of rising momentum followed by weakening and exhaustion. In the short term, prices are continuously falling, and the highs are gradually moving down. The 4-hour level appears to be relatively weak. Given the current pattern of fluctuations and consolidations, it may experience a prolonged period of dragging and repetition, so shorting remains a relatively feasible choice!

For Bitcoin, the target is 97000 near the range of 98500-99000.

For Ethereum, the target is 3650 near the range of 3740-3720.