$ETH $BTC After the data lands, there’s a sharp drop—don’t rush to decide the trend!
As soon as the data came out, BTC and ETH both weakened, but that doesn’t mean the market has completely flipped to bearish.
Earlier, expectations around rate hikes and cuts kept tugging at each other, and funds were already quite cautious. Now, whales and institutions are showing some profit-taking, which looks more like they’re proactively avoiding the risk of volatility from tomorrow’s CPI.
So tonight’s decline shouldn’t be over-interpreted for now. The real key is tomorrow’s CPI.
Before the data is confirmed, manage your position size and don’t rush to chase short positions. Tomorrow’s CPI is the key event that could trigger a major move—see how the market responds first, then decide on the next direction.
News first—know this👇👇
#SEC批准得州纳斯达克商品信托新规 #欧洲央行二次加息至2.5%
As soon as the data came out, BTC and ETH both weakened, but that doesn’t mean the market has completely flipped to bearish.
Earlier, expectations around rate hikes and cuts kept tugging at each other, and funds were already quite cautious. Now, whales and institutions are showing some profit-taking, which looks more like they’re proactively avoiding the risk of volatility from tomorrow’s CPI.
So tonight’s decline shouldn’t be over-interpreted for now. The real key is tomorrow’s CPI.
Before the data is confirmed, manage your position size and don’t rush to chase short positions. Tomorrow’s CPI is the key event that could trigger a major move—see how the market responds first, then decide on the next direction.
News first—know this👇👇
#SEC批准得州纳斯达克商品信托新规 #欧洲央行二次加息至2.5%
