Market Update
Where is the Bottom?
ETH: Daily
The best support in Ethereum (ETH) is at a hidden pivot level on the weekly chart at $854.
Bitcoin: Weekly
$14,000 is support in bitcoin.
Bitcoin: Weekly Part-2
If $14,000 does not act as support in bitcoin. The next level below that is $11,000.
Ethereum: Daily
The Williams Awesome Oscillator hints that the next move in Ethereum will be huge. It needs to be clarified whether that move will be up or down.
Bottom Line
If the rally off CPI fails, the best investors can do is find support levels to take advantage of any real 1929-style panic. If the CPI rally holds, then people can take time to assess. We are hoping for the best but prepared for the worst.