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Gu Jingci: Bitcoin/Ethereum experienced sharp price swings after the CPI data release; a rally in the evening is expected followed by further declines.

2026-09-11 13:22:41
Shareshare
Bitcoin/Ethereum trades during the daytime session included short positions at 77500 and above 2480. After the data release, the price dipped to around 2430 and 75800, largely reaching the targets. Subsequently, the price rebounded, reaching highs of around 2514 and 78100. Evening data was bearish, and the rebound provided another opportunity to short. The current trend remains downward, and further declines are expected after any rallies. Evening trading recommendations: Short Bitcoin at the current price of 77600, with a target around 76000; Short Ethereum at the current price of around 2500, with a target around 2400 to 2430. Analysis and strategies are for reference only; please bear your own risks. The article's review and publication are not timely; please refer to real-time information.
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