CPI data will be released tonight at 21:30. As long as the released value is greater than 2.6%, it will be bearish. I'm betting on a short! So this afternoon and evening, I shorted Bitcoin around 98,400, with a small target in the 96,800-96,000 range. If it breaks below 96,000 again this week, it will go below 93,000!

In the early morning, I anticipated a rebound near the low of 94,200, and also suggested going long at 94,600, but my expected rebound target was in the 96,000-97,000 range. Unfortunately, this market maker is just too strong, and this morning it started to rally without stopping near 96,000.

However, now that the rebound has touched the daily moving average resistance above 98,000, I must short here, as this was the plan I mentioned earlier to execute a short near 98,400.

Short above Ethereum 3,700.