Hello everyone!
📝 Title: "BTC shocks and waits for change: CPI data becomes the key"
💡 In the past two days, the price of Bitcoin has fluctuated in the range of 56,000-58,000 US dollars, and the market is waiting for the release of US CPI data. The panic caused by the US presidential debate and technical pressure led to a pullback in the morning, but it still remained in the range of shocks.
🔍 Key analysis
Range shocks provide trading opportunities
The strategy of selling high and buying low is feasible, but it needs to be operated with caution
CPI data may become a turning point in the market
Expected positives may push prices to break through the current range
Low-level long orders have advantages
Stop loss settings are flexible, and it is expected to make a small profit with a big investment
🌟 Summary and thinking
The current market is at a critical moment, and CPI data may determine the short-term trend. Investors should remain vigilant and pay attention to the market reaction after the data is released. This state of waiting for a breakthrough reflects the sensitivity of the cryptocurrency market to macroeconomic data, and also highlights the important impact of external factors on currency prices.
❓ Thinking questions
If the CPI data is lower than expected, how may the BTC price react?
In this volatile market, how to balance risk and return?
🚀 Trading suggestions:
56000-58000 range, sell high and buy low
Stop loss: 650 points
Take profit: more than 1000 points
⚠️ Note: This strategy is only applicable before the release of CPI data. Investors must operate cautiously according to their own risk tolerance.