The US CPI will be released tonight, and the Fed's interest rate hike meeting is expected to break the volatile deadlock after many months.

Last Friday, the non-agricultural data was negative beyond expectations, and BTC turned down at $72,000. In less than a week, most small coins were nearly halved, and now the more important CPI is coming.

From the past CPI trend, we can see that non-agricultural data is often an appetizer, and CPI is the main event. The unexpected rise and fall of CPI will always become a turning point in the trend, especially this month, the Fed meeting is also superimposed, highlighting that tonight's CPI is more important.

Canada and Australia have successively announced interest rate cuts, pushing the market's expectations of interest rate cuts to increase, and the corresponding BTC positions have reached a record high. At present, the long and short positions are hot, waiting for the other side to surrender.

Once the interest rate cut is implemented, or the interest rate hike is unexpectedly announced, there will be a forced position trend, and the market will inevitably be very tragic, so you can pay close attention to market movements tonight and reduce the leverage of your positions.

BTC:

BTC: The ancient whale address is abnormal, which has a suppressive effect on BTC. BTC is bottoming out along the 5-day line, and the top of the hourly line is constantly decreasing, indicating that it is facing short selling pressure. The upper $68177 is the key point of the pin formed on June 8. Only by standing firmly at $68177 can it further bottom out and strengthen. Next, BTC will pull back to the key point and rise to test $68177.

Resistance level: 68177, 69198, 70234

Support level: 66665, 65654, 64387

ETH:

300,000 ETH have been transferred to Coinbase, which has a negative effect on ETH. ETH fell below the 5-day line and weakened, entering a bottoming market. The upper $3563 is the key point of the box. ETH can only repair the decline and start a new round of upward trend by breaking through $3563 with large volume. Next, ETH will rise to test $3563.

Resistance: 3563, 3688, 3762

Support: 3437, 3325, 3214#美联储利率决策即将公布 #美联储何时降息？