#策略性加码BTC CPI data is out, and the volatility of the second coin immediately reached its peak. This round of inflation data isn't as fierce as expected, and the market is starting to bet wildly that the Federal Reserve will cut interest rates in April. The US dollar weakens accordingly, hot money floods into risk assets, and Ethereum is riding the wave of popularity.
This rise is mainly driven by liquidity expectations. From the daily chart, the moving averages are clearly in a bullish arrangement, and the 4-hour technical indicators are also quite supportive. The medium-term trend still looks solid. But the problem is—price is stuck at the December rebound high and can't break through, with significant selling pressure overhead, and the risk of high-position funds cashing out is always there.
Looking at the short cycle, the second coin on the hourly chart is now obviously overbought, and a correction is likely today. Keep a close eye on the support zone at 3250-3200, and resistance at 3350-3400. Until there's a volume breakout, treat it as a rebound correction and handle it as a consolidation.
Today's focus is still on following this correction rhythm, and don't sleep through the Federal Reserve officials' speeches tonight to prevent another short-term wave.
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MonkeySeeMonkeyDo
· 14h ago
With such intense selling pressure, how dare you add more? Haha
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SnapshotDayLaborer
· 14h ago
I agree with the idea of the hourly chart being overbought, but I still feel like it needs to push a bit more to be truly satisfied.
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CommunityWorker
· 14h ago
The head pressure is so strong, it seems like a short-term pullback is still coming. Don't be fooled by liquidity expectations.
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DaoTherapy
· 14h ago
The Federal Reserve hasn't actually started yet, but the hype is already building—typical expectation game.
Brothers chasing the high, be careful, the December peak is really hard to chew.
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StrawberryIce
· 15h ago
Haha, with such strong selling pressure, I think we still need to wait for a volume breakout.
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The hourly chart is overbought, and a correction is inevitable. Don't chase the high.
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Stuck at the high point and can't break through, feels like a washout is coming.
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Liquidity expectations are crucial; someone has to buy in, right?
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Federal Reserve speeches are key; had a restless night.
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If the 3250 support doesn't hold, we'll have to look at lower levels.
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Let's wait and see for a volume breakout. It's a bit rushed to chase now.
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This selling pressure is indeed fierce; the risk of cashing out at high levels still needs to be guarded against.
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DarkPoolWatcher
· 15h ago
Getting stuck at the high point without breaking through, this selling pressure is really intense.
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The liquidity expectation has been exhausted this round; next, it depends on whether the Federal Reserve will step back.
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Overbought needs correction; don't break below the 3250 level.
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Federal Reserve speech tonight, staying up late to watch for unexpected changes, tired.
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The moving averages are in a bullish arrangement, but I'm worried about a sell-off from profit-taking at high levels.
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The second pancake is still playing a rebound; let's see if it can truly break through this hurdle above.
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LiquidatedTwice
· 15h ago
It's the same old trick again, with selling pressure at high levels pushing prices down, and retail investors getting caught in another round.
#策略性加码BTC CPI data is out, and the volatility of the second coin immediately reached its peak. This round of inflation data isn't as fierce as expected, and the market is starting to bet wildly that the Federal Reserve will cut interest rates in April. The US dollar weakens accordingly, hot money floods into risk assets, and Ethereum is riding the wave of popularity.
This rise is mainly driven by liquidity expectations. From the daily chart, the moving averages are clearly in a bullish arrangement, and the 4-hour technical indicators are also quite supportive. The medium-term trend still looks solid. But the problem is—price is stuck at the December rebound high and can't break through, with significant selling pressure overhead, and the risk of high-position funds cashing out is always there.
Looking at the short cycle, the second coin on the hourly chart is now obviously overbought, and a correction is likely today. Keep a close eye on the support zone at 3250-3200, and resistance at 3350-3400. Until there's a volume breakout, treat it as a rebound correction and handle it as a consolidation.
Today's focus is still on following this correction rhythm, and don't sleep through the Federal Reserve officials' speeches tonight to prevent another short-term wave.