Is it possible to go up first and then down?

Bitcoin K-line reached this point, it feels like the market is waiting for a pullback or to directly chase long positions.

The number of short sellers has decreased again, providing strong liquidity for buying.

Tonight's selling pressure probably won't be too much, let's see what the final CPI result is.

Currently, it seems to be an expected bearish sentiment, with rising inflation.

If it goes down, we will look at 94 and 93 here.

Bitcoin will either pull back to 93 or 92.

Or it will directly break through 90k.

At the moment, the probability of the first scenario is slightly higher.