Today's trading hours Bitcoin market has not broken through significant ranges, with the price touching a low of 118035 in the early morning and then rising to a high of 119270 at midday but encountering resistance, subsequently oscillating within that range. Ethereum, on the other hand, showed an upward oscillation trend in the morning, starting from a low of 4187 in the early morning and climbing all the way up, reaching a high of around 4330 at midday. The current market is oscillating repeatedly between the middle band and the lower band, with significant resistance in breaking through the middle band; however, relying on the support of the lower band, there has not yet been a substantial fall. The U.S. CPI bomb will explode tonight! The CPI data tonight is crucial, and it is necessary to closely monitor market changes, with a low long strategy still in place; if it breaks down, then a change in strategy is needed.


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CPI eve, a tug-of-war between bulls and bears? Data indicates that the market expects core inflation to rebound moderately, and there is a hawk-dove standoff within the Federal Reserve! The possibility of a rate cut in September has decreased, and the market is repeatedly speculating about the Federal Reserve's rate cut, with the key being that the rebound in inflation also suggests that the U.S. economy is becoming increasingly sluggish! Trump just fired the BLS director, and this CPI report could become the "most controversial data in history"! If the White House publicly questions its authenticity, the market will instantly fall into a "trust crisis," with Bitcoin possibly becoming the only safe-haven asset! Tonight's CPI data will definitely cause a significant stir!
BTC0.44%
ETH1.73%
TRUMP1.8%
BLS-2.87%
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GateUser-72c80122vip
· 08-13 06:40
Bull Run 🐂
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GateUser-72c80122vip
· 08-13 06:40
Bull Run 🐂
Reply0
GateUser-72c80122vip
· 08-13 06:40
HODL Tight 💪
Reply0
GateUser-72c80122vip
· 08-13 06:40
HODL Tight 💪
Reply0
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