CPI is in line with expectations. Bitcoin soared by $6,000 in 4 hours.
Brothers, Bitcoin is in the 9-digit range. At 9:30 last night, the US released the October CPI data, which was in line with expectations. In 4 hours, Bitcoin soared by $6,000 to $93,263 before pulling back. A week of madness has attracted many newcomers to the cryptocurrency circle. The fear and greed index is already 88, which is extremely greedy. The market is overheated and needs to release some overheated emotions. Be careful that Bitcoin with a 9-digit number may return to below 8, and kill the top leeks.
Remember the A-share market before the National Day? Brothers, do you think Bitcoin will imitate the A-share market and continue to rise after a deep adjustment? I personally think this is necessary, but the pullback is also part of the natural trend of the market. Just keep a calm and rational attitude. Didn't CZ remind everyone a few days ago? Please implement risk management appropriately and control your greed. If this kind of real money game causes losses because of emotions, it would be wrong.
The unilateral upward trend of Bitcoin after reaching a new high is extremely strong, and the consolidation trend is still bulldozing upward. Falling is an opportunity. In the early morning, this kind of callback, small purchases, positions must be controlled, spot can be used, and Bitcoin can be bought casually. If there is really some space, it will come back soon. Those who are afraid of heights are miserable. The bull market has just begun.
This round of rise is the hype logic of Trump and Musk. In the MEME category, there are only Bitcoin, Gouzi, and some strong MEME. This is the leader, and Gouzi will rise with Bitcoin. The market has not yet turned to other sectors of the market. The opportunity cost of ambushing other copycats is very high.
Today's market analysis: From the K-line, BTC is falling at the one-hour level, the 4-hour level is also falling, and the 12-hour level looks like it will turn down. The daily level is still in an upward trend, with an intraday pressure level of 93,300 and a support level of 87,500 US dollars. #BTC冲破9万 #美国CPI公布后降息预期上升 #BTC连续破新高,你看到多少?