Will the breakout start a bull market or continue to establish Wyckoff phase C of a multi-month cycle?
All strong currencies,
It has been consolidating at a high level in the past quarter.
BTC ETH TON SOL AI track and so on.
Situation 1: Good luck, CPI is cooling, and interest rate cuts are expected to be good
There should be a breakout soon, and BTC breaks new highs (Figure 1)
Situation 2: CPI is hot and interest rate cut expectations are poor.
Begins to fall Wyckoff Phase B,
The low 56K chips before the challenge will be collected for several more weeks. (Picture 2Picture 3Picture 4)
Plan your trade, trade your plan.
I have a heavy position in all the coins that are currently consolidating at high levels, but the leverage should not be too large. At least it must be able to support BTC and it will fall back below 56K a little bit to start Wyckoff Phase C D.
FOMC and CPI tonight,
All short orders were closed, some double-buy hedging was done, and the VIX was long. The long-term position is heavy but holding on, all sell put is closed.
$BTC $BTC #IO价格预测 #第55期新币挖矿IO #美联储利率决策即将公布 #币安用户数突破2亿 #非农就业人数高于预期