Morning thoughts:
The CPI data fully met expectations, triggering a continuous rise in Bitcoin prices. It broke through the key pressure level of 90,000, reaching a high of 93,421 points, and its rise was far beyond market expectations.
This week's market is characterized by continuous price breakthroughs. With the steady rise in the price of the exchange rate, the bulls continue to show their strong momentum. Although the market has experienced a certain degree of correction in the short term, the overall price trend continues to hit new highs.
From the daily chart, the market closed with a positive line again, showing a clear upward trend. In the absence of an effective reversal of the current trend, any correction should be regarded as an adjustment in the upward trend. Given the continued rise in the price of the currency in the short term, it is not recommended to predict the market top too early. It is recommended to continue to stick to the idea of buying at a low level.
Big cake: 89800–89300 Duo, target around 92000!
Posture: 3160–3135 Duo, target 3250–3300 ##BTC冲破9万 #美国CPI公布后降息预期上升 #BTC连续破新高，你看到多少？ #美国10月CPI数据即将公布 #比特币搜索热度攀升
