The annual rate of the unadjusted core CPI in June was 3.3%, lower than the market expectation of 3.4%, and fell to the lowest level since April 2021. The monthly rate of the core CPI after seasonal adjustment in June was 0.1%, the lowest level since August 2021, and the market expectation was 0.2%.

This is a great positive expectation for the current currency circle.

The current selling pressure in the market is still there, and as the market rises, the selling pressure may accelerate.

It is impossible for the market to reverse in a short period of time. The positive news in a short period of time has greatly stimulated Bitcoin.

Even attempted to attack the pressure level of 60,000, this position is not so easy to break through. The iron land that used to be broken through has become the current iron top.

The market still needs about 1 to 2 weeks to digest various negative selling pressures.

Of course, this is not the most critical. If Thirteen is not wrong, if this round of bull market has just begun, this kind of market is what the dealer wants to see most.

When we are panicking, when countless bad news hits us, when countless leeks are frantically bearish on the market, the dealer must be quietly laying out.

Many people in the market speculate that the market will fall below 50,000, and countless leeks are ready to enter the market at this position. Don't worry, you probably won't be able to buy the bottom.

Thirteen believes that around 50,000 to 52,000 should be the limit of this round of market, although it is unlikely to reach it.

The start of the market must be very sudden. When everyone is numb to good news and bad news, the market will suddenly soar for several consecutive days.

Before the start, most of the leeks will be thrown off the car, not giving them any chance to get on the car.

This is the real situation behind the currency circle.