The currency circle is in a life and death crisis! CPI data is the key, and the price trend determines the fate of countless people!
The currency circle is on the rise again. The rhythm is gradually slowing down, just like a tense game entering the halftime break. Everyone is holding their breath, just for the CPI data that will be announced that night. This is like a suspenseful movie climax. Everyone is looking forward to that key scene.
Now the price in the market is like a roller coaster. It first sprinted all the way to the high point of 89920 in the early morning, and then slid down in a whoosh. After that, it has been lazily spinning in place, and there is no big movement. In the afternoon, the price finally found support at 86180, and began to climb up slowly. When it climbed to about 87500, it began to "swing" there again.
At this time, some bearish friends began to get excited. They felt that the price could not rise, so they stepped up their horsepower to short, waiting for the "one-shot" moment at night. As for those who are bullish, they are not so anxious. They think that this is just the market accumulating strength and preparing to explode at any time, just like athletes at the starting line, waiting for the gunshot!
I still maintain the original view and think that the price will continue to rise in the evening. But don't rush to get on the bus. You have to find a suitable position, so as not to be "stuck" accidentally.
I still suggest that if the price retreats to 86,000 or 85,000, it will be a good time for us to get on the bus. Our goal is to see 88,000, 90,000, or even 93,000. But don't be greedy. If you make money, you have to withdraw it in batches quickly. Don't think about making a lot of money at once.
Now all we can do is wait patiently. Whether you are bullish or bearish, you must put risk control first. You can lose a little, but you must not hurt your bones, let alone lose your capital all at once. Every time you make a move, it is like flipping a coin, and the risk and profit are proportional. When you want to get rich overnight, you are actually not far from losing money overnight.
So, we have to learn to accumulate wealth slowly, so that we can survive in the big family of the cryptocurrency circle for a long time!
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