The market currently lacks two things: liquidity + hot spots
Essentially, it only lacks one thing, which is liquidity, because hot spots are something that can be manipulated manually. Once liquidity is up, hot spots will not be a problem
The current rise and fall are more based on Wall Street data. For example, last week's unemployment data was positive, and Bitcoin rose directly from 57,000 to 63,000, while the employment data last week was negative, and Bitcoin fell from 63,000 to 57,000 and then to 49,000, so every data is extremely critical.
The previous value of this CPI was 3%, and the market expectation was also 3%. The previous value of the core CPI was 3.3%, and the market expectation came to 3.2%. The market expectations of these two data are not much different from the previous values. This is very easy to be upset, because a slight change can cause an uproar, especially it will directly affect whether the Federal Reserve will cut interest rates once or twice in September. I personally think that the probability of good news is very high, because I don’t see any reason why CPI can continue to rise.
Pay attention to BTC, ETH, SOL, SATS, SUI, PEPE
