#Major Tax Cut Bill#

Why did the tariff policy ease, and after Bitcoin surged to a new high, why did it experience a cliff-like pullback? With CPI data coming in, who will dominate the market in the battle between Bitcoin and Ethereum?
On Tuesday, after the sharp decline in Bitcoin prices early yesterday morning, the bearish forces were contained when it touched the 100600 level. The coin price halted and started to rebound, currently maintaining a fluctuation around the 102500 level. Although from a short-term perspective, the MA short-term moving average is below the medium to long-term moving average, indicating a short-term downtrend, the long-term trend remains strong, and the bullish structure has not been damaged. Both EMA144 and EMA169 are on an upward trend. The decline last night, along with profit-taking, is one of the reasons for the drop in coin prices. However, the volume during this decline at the daily level is not significant enough to determine a trend reversal to bearish. Therefore, in the short-term strategy, it is advisable to maintain a low position as the main approach. In the lower range of 101500-10200, attempts to buy long can be made, while the upper focus is temporarily on the 103500-104000 level.
In terms of ether, as the currency price stopped at 1380 line, after a long period of shock and slow rise to reverse the daily downward trend, in the recent daily line three consecutive main rise, the exchange rate broke through the unilateral rise, an increase of nearly 40 percent, the current market has the first daily stagnation 4 hours of the first step back structure, but the strength is not too big, judging from the large wide structure VOL, Ethereum's hedged selling pressure chip intensive area is 2280-2730 2400-2600 chip density is the most concentrated! From the homeopathic structure of the pull, the main force of the chip structure below 2000 has been isolated in a large area, and the part of the people who copied at the bottom has basically changed hands, and the current position is changing hands + locking the plate to force the short change of hands! At the same time, the breakthrough of Ethereum has brought a wave of general upward movement, and this sentiment has been released! In the past two days, the disk will be precipitated and differentiated after the rise, and I personally think that the strong change of hands in the chip-intensive area will be sorted out in a large width! The market is still expected to have an upward cycle! Therefore, in the short term, you can try to refer to the 2400-2450 area to receive long, the upper focus on the 2550 line, followed by the high point of the 2620 line!
At the same time, at 20:30 tonight, the U.S. April non-seasonally adjusted CPI year-on-year will be announced, with an expected rate of 2.4%. If the data meets or falls below expectations, it may further reinforce the narrative of "falling inflation," adding fuel to risk assets; conversely, if core inflation remains stubborn, it could exacerbate the uncertainty of the Federal Reserve's policy path, leading to market volatility. Remember to take precautions!