#PEOPLE
《The Calm Before the Storm--CPI Data Coming》
After Bitcoin jumped up and down yesterday, it fluctuated slightly around 60,500 all day today. Is this the calm before the storm or a temporary pause in the game between the main force and the long and short sides? As night falls, the CPI data will be released soon, and whether it is an opportunity or a conspiracy will surface.
CPI data is different from unemployment rate and unemployment benefits. The unemployment rate and unemployment benefits are too high than expected. Although it is good for the cryptocurrency market, it will also cause concerns about the US economic recession.
This is also an important factor in the previous unemployment rate and unemployment benefits, which are obviously good for the crypto market, but the market did not rise but fell. CPI is inflation data, which is unlikely to cause the United States to worry about economic recession.
Tucker expects today's CPI data to be flat, with a high probability of pinning, and we can take advantage of the pinning, people will take delivery again near 0.05330, and if it rebounds to around 0.06110, we can also reduce our positions.
Keep an eye on Tucker. There are still a little over two hours before the data is released. Be alert to open orders, set stop losses, and wait for the data to be released before making any operations. Everything will be in time.
