The big pancake dipped back around 63,200 in the early hours and then rallied; #BTC —i.e., 63,000—also didn’t break below it. The rally’s high reached around 63,880 this morning. Now it’s consolidating at a high level. The low point has rebounded by only about 600+ points, but judging by the chart, there may still be an opportunity to push toward the 64,000 level again. Personally, I think as long as the rebound doesn’t decisively hold above 64,000, it still has the possibility of being dragged back down.
However, at 8:30 tonight, data from #cpi will be released. I don’t know whether it will be good news or bad news. Tonight, the broader market should spike up and down in a move. If the data is favorable, the market could move upward and test around 65,000. If it’s unfavorable, then it’s likely to hit around 62,000. Everyone, please wait and see tonight.
However, at 8:30 tonight, data from #cpi will be released. I don’t know whether it will be good news or bad news. Tonight, the broader market should spike up and down in a move. If the data is favorable, the market could move upward and test around 65,000. If it’s unfavorable, then it’s likely to hit around 62,000. Everyone, please wait and see tonight.
