🎗The annual inflation rate in the U.S. was announced as 3.3%. The expectation was 3.4%.
Inflation came in below expectations. Markets immediately started turning green.
There will be a press conference in the evening. The main important thing now is what message Powell will give for the upcoming period. This message will more clearly determine the direction of the markets.
#Bitcoin # has risen back to 69K. Be cautious, it might be a trap. There is significant liquidation accumulated below. Please avoid opening leveraged positions and taking high risks at this time. Market makers may not allow long positions to be salvaged.