Good news does not increase the price, the conspiracy of Bitcoin dealers is exposed! Shocking reversal after CPI data!
After the release of CPI data, Bitcoin rose briefly but fell back quickly. Behind this phenomenon of "good news does not increase the price" is the operation result of dealers (big funds).
1. The market has digested expectations in advance
Before the release of CPI data, Bitcoin has already risen to a certain extent. This shows that market participants have anticipated the favorable CPI data in advance and made arrangements. After the data is released, the good news has been reflected in the price, so there is no further upward momentum.
2. The dealer's luring operation
The dealer pushes up the price before the release of CPI data to attract more retail investors to enter the market. When the data is released, the price rises briefly, attracting more chasing orders to enter, and the dealer quickly ships, causing the price to fall. This operation can realize profits in a short period of time.
3. Profit-taking after the realization of good news
Even if the data is good, some investors may choose to take profits when the good news is realized, resulting in selling pressure after a brief rise. There is an investment strategy in the market that is "buy expectations and sell facts", that is, buy when good news is expected and sell when good news is realized.
4. Market sentiment and technical factors
Market sentiment changes instantly after the data is released, especially in the current highly volatile market environment. In addition, technical pressure levels (such as 62,500) may also suppress further price increases in the short term, resulting in a rapid decline after a pull-up.
5. Macroeconomics and market liquidity
Although the CPI data is positive, other macroeconomic factors (such as the Federal Reserve's monetary policy, international tensions, etc.) will also have an impact on the market. When market liquidity is insufficient, even if there is good news, it may not be able to continue to drive price increases.
