CPI meets expectations but still won’t move higher! Bitcoin completely loses steam—where will the next cut land?
Last night, CPI was released as expected, and the results fully matched forecasts. Crypto markets and US stocks didn’t see any major rally. $BTC rose a bit and then pulled back. The earlier logic hasn’t changed—so in the current environment, it’s not strong enough to be considered a major positive, and the market didn’t show a strong reaction.
For BTC, support is still around 63,500. After falling back from the highs this time, the rebound strength has been average—so this is basically normal consolidation. In terms of strategy, those who were advised last night to reduce exposure on strength likely have already locked in some profits. If you’re still holding now, you can keep watching how support holds. If it breaks, exit first; if it stabilizes and holds, then consider buying the dip.
Google is also pulling back. Support is around 343. Those who entered near 320 are still in profit. BNB has performed well. If there are new opportunities ahead, I’ll sync them with you in the channel immediately. I’ll need real-time price levels and operation reminders—just jump into the chatroom.
#美国7月CPI与PPI数据本周出炉
Last night, CPI was released as expected, and the results fully matched forecasts. Crypto markets and US stocks didn’t see any major rally. $BTC rose a bit and then pulled back. The earlier logic hasn’t changed—so in the current environment, it’s not strong enough to be considered a major positive, and the market didn’t show a strong reaction.
For BTC, support is still around 63,500. After falling back from the highs this time, the rebound strength has been average—so this is basically normal consolidation. In terms of strategy, those who were advised last night to reduce exposure on strength likely have already locked in some profits. If you’re still holding now, you can keep watching how support holds. If it breaks, exit first; if it stabilizes and holds, then consider buying the dip.
Google is also pulling back. Support is around 343. Those who entered near 320 are still in profit. BNB has performed well. If there are new opportunities ahead, I’ll sync them with you in the channel immediately. I’ll need real-time price levels and operation reminders—just jump into the chatroom.
#美国7月CPI与PPI数据本周出炉