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Track real-time hot topics in the crypto world and seize the best trading opportunities. Today is Friday, April 11, 2025. Good afternoon to all coin friends ☀ hardcore fan daily attendance 👍 like and get rich 🍗🍗🌹🌹


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After Trump's 180-degree turn in the market, the asset surge lasted only one day, and the S&P 500 was close to a circuit breaker. The economic issues in the U.S. remain unresolved, and the market is like a startled bird. Additionally, last night's CPI data did not strengthen the Fed's expectations for interest rate cuts in the short term. According to CME's "Fed Watch": the probability of the Fed keeping rates unchanged in May is 73.4%, and the probability of a 25 basis point cut is 26.6%. The probability of the Fed keeping rates unchanged until June is 13.9%, the cumulative probability of a 25 basis point cut is 64.6%, and the cumulative probability of a 50 basis point cut is 21.5%. Last night, U.S. stocks experienced more intense fluctuations again. On Thursday, the three major indexes faced declines, with the Dow initially dropping 2.5%, the S&P 500 down 3.4%, and the Nasdaq Composite closing down 4.3%. This wiped out half of the historic gains from the previous day. The crypto market has once again fallen into significant fluctuations and consolidation.
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Bitcoin rebounded to a high of 82548 in the evening session but faced resistance. The favorable CPI data in the evening did not drive the market upwards, and the US stock market opened lower and continued to decline, further increasing the downward pressure on the market. A strong one-sided drop hit 78400, and after bottoming out, the market oscillated again, currently running around 79600. The upward force provided by the bulls is also limited, and the bears are gradually testing previous lows. At this point, the strength of the bears should not be underestimated; the upward movement from the bulls is only temporary. Recently, even the previous high points have not been broken, so where is the bull market? From the short-term hourly chart, it can be seen that the one-sided trading volume is still insufficient, and it is more presented in the form of oscillation. Currently, before breaking through strong resistance above, it is perfectly fine to go short around the high points.
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After the Ethereum data was released yesterday, there is not much space for a rebound. The bullish rebound strength is not as expected, and it was suppressed and retreated before reaching the key resistance level. The positive CPI yesterday only touched the 1627 line before starting to retreat, with a minimum drop to the 1471 line before beginning the rebound. Currently, it is maintaining a consolidation near 1520. The previous rebound was obviously suppressed at the key resistance level, showing a lack of upward momentum. From a daily perspective, the trend completely aligns with market expectations, presenting a continuous downward trend. Prices have been adjusting constantly, and after breaking through the key support level, bearish sentiment has intensified, with market selling pressure significantly increasing. From the hourly perspective, prices have continuously broken multiple short-term support levels, and the downward trend is still ongoing, with obvious signs of a stop in decline appearing in the short term. Although there are occasional small rebounds during the day, their strength is extremely limited, making it difficult to reverse the current downward trend. The morning strategy mainly focuses on high short positions.
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