8.11 BTC
The downward drift has continued recently with constant back-and-forth whipsaw. Today’s main event is the CPI data. I think there’s a fairly high probability that it will meet expectations. Recently, the sharp rise in crude oil has kept other assets under pressure. Looking at the chart, although price is falling, there hasn’t been much volume on the decline. Meanwhile, buy-side support below is strong. In addition, if it drops further, it will reach institutional cost levels—I can’t find a reason not to go long.
Intraday plan: go long at 76400, set a stop-loss at 75500, and look for a target of 80000 #沙特原油产量创1990年来新低
The downward drift has continued recently with constant back-and-forth whipsaw. Today’s main event is the CPI data. I think there’s a fairly high probability that it will meet expectations. Recently, the sharp rise in crude oil has kept other assets under pressure. Looking at the chart, although price is falling, there hasn’t been much volume on the decline. Meanwhile, buy-side support below is strong. In addition, if it drops further, it will reach institutional cost levels—I can’t find a reason not to go long.
Intraday plan: go long at 76400, set a stop-loss at 75500, and look for a target of 80000 #沙特原油产量创1990年来新低
