Analyst Liang Qiu: 7.15 CPI data shows Bitcoin in a sideways trend while Ethereum surges again. Is this the last frenzy for ETH?

Bitcoin/Ethereum surged again in the evening thanks to favorable CPI data, while Bitcoin has not seen a decent rebound since the drop of over 7000 points from yesterday's high. Ether quickly rose to around 3066. For those who did not exit their positions in time during our daytime strategy, it is advisable to average down on Ether under good conditions and wait for a drop in the evening. The rise of Ether seems more like a brief flash of light; all attention should be focused on the movement of Bitcoin.

In fact, ETH's surge still went unnoticed. It has been mentioned multiple times that during each round of significant price increases, Bitcoin tends to drop first, while ETH shows a certain lag, usually falling a day later, followed by a substantial decline. This has also been pointed out in previous articles, and as a result, today it couldn't hold around 3000 and went short, but there isn't much issue with the market.

In the evening, operate Bitcoin/Ethereum at the current price of 117600 and around 3050 to continue shorting, with targets at 116000 and around 2940.

[The above analysis and strategy are for reference only, please bear the risks yourself. The article review and publication do not have timeliness, and the specifics are subject to real-time updates] #Gate 2025 Q2报告出炉# #Gate衍生品交易量新高# #CPI数据来袭#