March 12 Market Analysis


The CPI data released last night generally met expectations, showing that inflationary pressures are still resilient but not out of control. The core CPI was slightly higher than expected, which cooled down the market's rate cut expectations. The data was not significantly different from forecasts and had limited impact on the market…
Currently, the market remains in a data-driven oscillation range. The overall trend continues to favor buying on dips, as negative news continues to suppress the market. The main trading strategy remains short-term, taking profits when the market looks good…

Today's Trading Tips: Focus on buying on dips
ETH first support level 2030, second support level 1993
First resistance level 2088, second resistance level 2140
Note: Personal suggestions are for reference only and do not constitute trading advice. Trading involves risks. Use stop-loss orders when opening positions.
ETH8.1%
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