Gu Jingci: The August 13th CPI figure is unlikely to reverse the downward trend in the cryptocurrency market; Bitcoin/Ethereum prices will likely continue to rise and then fall back.

Bitcoin/Ethereum saw another round of shorting on rallies and adding to short positions yesterday. The price briefly fell to around 1870 and 63200 in the early morning, with relatively small overall volatility but still managing to gain some ground. Currently, the price has rebounded somewhat, but the strength is weak. On the daily chart, yesterday's rally resulted in a long upper shadow and a bearish close, indicating a continued weak trend. The 4-hour chart shows a large bearish candle with huge volume last night, followed by support around 63000 and 1870 before rebounding. The last two 4-hour candles are bullish, but the volume of the latest bullish candle is significantly lower, indicating insufficient upward momentum. The daily chart shows that after the recent price drop from its high, it is currently in a consolidation phase. Technically, the 4-hour MACD indicator shows the DIF line has just crossed above the DEA line, forming a golden cross, and the MACD histogram has turned positive, indicating a shift to bullish momentum in the short term. However, the volume of the latest bullish candle is significantly lower than the recent average, indicating a lack of strong buying support for the current rebound. Trading suggestions: For Bitcoin, continue shorting around 63800, and add to short positions around 64500, with targets around 61500 to 62500. For Ethereum, continue shorting around 1895, and add to short positions around 1920, with targets around 1800 to 1830, and further targets at 65300 and 1950. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.