Yesterday, the price of Bitcoin still fell. The positive news from CPI only led to a small upward spike. The current trend is the same as what I said yesterday. The overall trend is still range-bound. The upper pressure level has not been broken. The 🈳 given yesterday still has good space.

The recent environment of the cryptocurrency circle makes it difficult for people to watch the trend. After the German government’s release, there is Mentougou. Mentougou is about to end. Now the US government is ready to move again. On the other hand, the issue of interest rate cuts was also mentioned two days ago. 25 basis points are not enough to drive sentiment. If it can be reduced by 50 basis points, and then some positive news is released, it may drive the market. Therefore, it is more appropriate for Lao Chen Silk Road to continue to go high.

For intraday Bitcoin, it is recommended to go around 59550, 60000 to make up, and prevent 60200. Look down to 58000-57500#美国CPI数据连续第4个月回落 #BTC☀