Core PCE is coming again. BTC has been grinding on a millstone, and tonight there’s a high probability of triggering one of two scenarios: either it breaks below 82,800, or it makes a fake breakdown by dipping slightly to insert a “needle.” In any case, it’s very likely to move downward for a wave—it's just a question of whether it will reclaim. In this kind of situation, shorting late probably won’t be in time; once the news drops, the price will react immediately. Entering a short at this price also isn’t very safe. If the news is good, even if it inserts a needle, it will likely be quickly pulled back. This price is also near the support level, so even if it dips, that’s the low point you’ll face. So when you encounter a situation like this, what would you do? #$BTC
