$BTC Evening View:
Tonight, the 9.30 CPI will determine the winner and the loser. Students must set a good stop loss and never underestimate the enemy. If it meets expectations, it will rise. If it exceeds expectations, I don’t know what will happen.
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See the chart: Is the 1-hour level of the big cake going to the W bottom or the M top? If it goes to the W bottom, it’s okay. If it goes to the M top, it’s uncomfortable. I hope that the big cake will go to the W bottom and the increase will exceed the 1st wave high point indicated by the red arrow 🈯, even if it is only a little higher.
If the increase meets expectations and does not break through the resistance level of 88735, it means that the positive will not rise and will become negative. In short, tonight’s CPI is more critical. Conservative players should wait patiently for the CPI to be announced and the US stock market to open before opening orders. Radicals don’t need to care about that. Just do it when the position given in the chart breaks through. Do it when it breaks through, and it’s done. Do it if it is given, and watch if it is not given. Set a good stop loss.