OldMiaoFriend

March 16 Market Analysis by Old Bro
The weekend consolidation trading has ended. Yesterday afternoon didn't produce any trend-changing action, still just range-bound consolidation……
After sideways movement in the evening, ETH rallied this morning, challenging the key 2200 level again before pulling back. The market is still stuck in the consolidation zone. After today's daytime pullback, we're still looking for an upside breakout. Once it breaks through and holds above 2200, the market could develop into a relatively wide-range directional move…
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March 15th Market Analysis
Weekend price action is likely to remain range-bound overall, with reduced trading volume. Yesterday's price continued to oscillate around 2100, pulled back to around 2060 and began a modest rebound. This morning's volume is even lower than yesterday... However, generally in the afternoon, some institutions will anticipate next week's market trend, and price action will start to initiate movement.
Currently, price remains unable to break out of the oscillation range. Short-term support below is at 2000; if the range fails to break down, the probability of a price reb

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 th