#美国核心物价涨幅不及市场预估 The first hour of trading today follows the old pattern—narrow range convergence, Bollinger Bands tightening, with price capped by dual resistance: on one side the upper band, on the other side the crossover point of MA220 and MA30.

The MACD indicator offers some hope, with increased volume above the zero line and a golden cross of the fast and slow lines, but the bulls still haven't managed to break through. The RSI is even more concerning, with all three lines showing a death cross and approaching 30, a clear warning signal indicating a short-term downward trend.

If the price breaks below yesterday's low and breaches the two key supports at the 4-hour MA120 and MA500, it will head straight toward the crossover point of MA450 and MA180—this is the real support fortress.

MACD below the zero line is also starting to increase in volume, with a second divergence of the fast and slow lines, a typical bearish signal. KDJ and RSI are weakening simultaneously; all three indicators are aligned negatively, making the outlook quite pessimistic.

**Trading Strategy: Short-term focus remains on high short positions.**

**$BTC Trend**: Consider short positions in the 93,000-93,300 range, targeting around 90,000.

**$ETH Trend**: Consider short positions in the 3,220-3,240 range, targeting around 3,100.

With the US core CPI below expectations, market risk appetite may ease somewhat, but short-term pressure still exists.