[Tonight at 20:30, the much-anticipated CPI, how will Bitcoin perform? Are there any wealth opportunities for individual coins? ]
Tonight at 20:30, the final battle of CPI, is it a mule or a horse? There must be a big wave tonight!
The expected value of annual CPI is 3.4%, the previous value is 3.5%
The expected value of monthly CPI is 0.4%, the previous value is 0.4%
According to last night's PPI data, the annual CPI should not be very different, equal to the expected value or a little bit higher. In the long run, CPI has stabilized;
The monthly CPI may fluctuate more tonight. After all, the monthly PPI rate last night was 0.2 percentage points higher, and there is a probability that it will be passed on from producers to consumer terminals, resulting in a slight increase in CPI!
Tonight's CPI directly reflects the market terminal and is the last successor of the market, that is, consumers, so the impact will be great. This is data that affects 300 million Americans;
If the published value is greater than the expected value, it will be bearish; if it is equal to or lower than the expected value, the market will be encouraged and retail investors will have greater confidence;
BTC is in a short squeeze, and there must be something wrong with the rise before the data is released. I would rather take the opportunity to short-term after the data is released, and never chase the rise. If the pin does not break 61700-62000, there is momentum to rush up to 63600+!
The copycats are forced to increase continuously, but there is a copycat that is about to have a mid-term buying point. It is the heavy pledge leader: ALT
ALT users can pledge ALT tokens in the main reward pool to obtain basic rewards. In addition, they can also entrust ALT tokens to various Launchpool pools by re-staking, thereby qualifying for future rewards from projects such as Xterio, SWELL and DODO.
ALT price forecast and support and resistance level analysis:
①At this moment, 1h gradually stabilizes and bulls gradually try to take the initiative, and 2h/4h also has the momentum of oversold rebound
②In addition to the release of re-pledge and the good performance in the early stage, the fan base is still relatively large, and the basic market is relatively stable
③At this moment, the key support and resistance level is 0.285. If this point is not broken, there will be a big rebound in 4h/2h over time. Temporarily look at 0.32/0.35/0.38, break through 0.38 and look at 0.44. Temporarily do not look high. The overall market trend depends on it!
④If it falls below 0.285, the oversold intervention area can be considered: 0.24/0.2, 0.285 supports, pay attention to 0.285-0.295, you can intervene with the bottom position
⑤Position 1-2%, medium and short game, estimated profit space is around 30%
