📊 **BTC ahead of U.S. CPI: Big moves may be coming!**
On the M15 chart, BTC surged after a deep wick down, but is now seeing a pullback. RSI has fallen to around 51, suggesting short-term bullish momentum is fading.
🎯 **Two scenarios to watch:**
🟢 CPI below expectations: BTC could continue its recovery if it breaks above the nearest resistance zone.
🔴 CPI above expectations: Selling pressure could return, especially if BTC loses its short-term support zone.
ETH is also likely to be affected by the crypto market’s overall reaction.
⚠️ With volatility expected around the CPI release, I’d rather wait for price confirmation than FOMO into the first candle.
**Which scenario are you leaning toward: BTC breaking out or pulling back?**
#BTC #ETH $BTC $ETH
On the M15 chart, BTC surged after a deep wick down, but is now seeing a pullback. RSI has fallen to around 51, suggesting short-term bullish momentum is fading.
🎯 **Two scenarios to watch:**
🟢 CPI below expectations: BTC could continue its recovery if it breaks above the nearest resistance zone.
🔴 CPI above expectations: Selling pressure could return, especially if BTC loses its short-term support zone.
ETH is also likely to be affected by the crypto market’s overall reaction.
⚠️ With volatility expected around the CPI release, I’d rather wait for price confirmation than FOMO into the first candle.
**Which scenario are you leaning toward: BTC breaking out or pulling back?**
#BTC #ETH $BTC $ETH