For two consecutive days, there was a pullback after a surge. Yesterday, the pullback was stronger, and after the daily string was retracted in the morning, it first experienced a slight pullback before slowly moving upward. The trend is still repeating itself. At midday, the K line provided a pullback stance after the pump, leaving an ant's pump. In the evening, the fundamental factors strongly pumped again, continuing to pump, with a slight pullback followed by a small bamboo stance. These past two days have not been very ideal; although 1200 points were gained yesterday, there were some losses during the day. The lack of a turn is one reason; on one hand, the K line's continuity is not strong, and on the other hand, the evening PPI data led to a decrease in the K line, but another point is that inflation is also increasing, which impacts the K line. Currently, the K line has experienced several times like this, but the K head needs to be somewhat stronger.

The overall trend structure has broken the lower fluctuation range, and the movement is relatively strong, but I am not optimistic about a significant rebound. The upper resistance is at 115000, which is a strong pressure point. The key focus is on Thursday night's CPI, which has the greatest fundamental impact, so the possibility of subsequent fluctuations is high. We need to build momentum for the CPI, so before that, we can expect range fluctuations. Let's wait for a pullback before making further moves.

Near 114700 above the range, near 112800 below the range. #btc #ETH