$BTC The price has been continuously repaired since this week. The 15m line shows a strong trend, and the 4H line is still at a low level, which is a small rebound. There will be some major news released this week, including the CPI data to be released on Wednesday, the number of weekly initial jobless claims on Thursday, and some index data on Friday.

The current rebound also reflects from the side that the market has positive expectations for these data and is reflected in the trend.

This is more gratifying and more important than the current small rebound in prices. Why?

Because it shows that the market is not in a stampede-style panic selling, and people are still willing to wait for news and data.

This shows that the fear index that was close to the extreme last week is still only on paper, and has not become a consensus among real-world cryptocurrency investors. The rational power of the market still exists, and people are still relying on data to trade, rather than being driven by scattered panic news.