Analyst Gu Jingci: Inflation data disturbances, remain patient during volatile periods

The short position idea previously mentioned for Bitcoin/Ethereum at 83,600 and 2,520 has been fully realized as the market continued to decline to around 81,500 and 2,415. In the evening, the U.S. CPI data was released, showing inflation across the board exceeding market expectations, with core inflation rebounding sharply, directly pressuring risk assets. The crypto market quickly experienced a sharp drop, wiping out numerous short-term long positions. After the steep decline, the market entered a period of horizontal consolidation, with bulls and bears entering a temporary standoff and adjustment phase. Short-term market sentiment remains cautious, with capital holding back and waiting for directional clarity. While negative news has been partially digested, the rising inflation has lowered expectations for rate cuts, continuing to weigh on the market in the medium to long term. In trading, avoid frequent operations within the consolidation range. Be patient and wait for a clear breakout signal from the market. Trade with the trend, manage position size carefully, and only act when a clear opportunity emerges—focus on capturing trends and holding onto valid price movements.