Bitcoin shorts are crying, hundreds of millions of dollars have been exposed, will it rise again?

Yesterday, whether it was the on-chain USDT issuance or the exchange liquidation data, it showed that the price of the currency would go to between 61,000 and 62,000, but after reaching this point, there was much less fuel for short orders to be liquidated, so the market was temporarily frozen.

At present, the big players are temporarily waiting and watching, because the most critical data CPI will be released tonight. Lower than expected is positive, higher than expected is negative.

I think normally, with the current high interest rate and rising unemployment, the probability of prices continuing to rise is very small, so the probability of CPI meeting expectations or lower than expectations is greater. Then everyone remember to pay attention to the CPI data at 8:30 tonight~