One wave has not yet subsided, another wave has risen? Pay attention to the US CPI data tonight
Because a 5.5-year Bitcoin holding address transferred 8,000 coins to Binance last night, BTC fell below $66,000 at its lowest point, and the important mark of 67,000 was also broken. The current situation is not optimistic. Tonight, the US will announce the May CPI and June interest rate decision, and Powell’s speech is not sure whether it will be hawkish or dovish. It will be another battle between longs and shorts. If it cannot recover and stabilize at 67,000 today, it will be extremely dangerous.