#CPIWatch
Attention everyone:
The market is not necessarily going to rise or fall immediately after the Consumer Price Index (CPI) data is released.
What moves the market is not the data itself, but:
👉 the actual data compared with market expectations
If the market has already priced in the good news, we could see “profit-taking after the good news is confirmed,” even if the Consumer Price Index falls.
The key points to watch for BTC tonight:
📈 To the upside: Can the resistance zone be broken?
📉 To the downside: Can the key support level hold?
Volatility could increase after the data is released, so be sure to manage your position size and don’t rush into moves up or down without thinking.
#Binance #BTC☀ #ETH🔥🔥🔥🔥🔥🔥 #Ethereum
$BTC
$ETH
$BABAB
Attention everyone:
The market is not necessarily going to rise or fall immediately after the Consumer Price Index (CPI) data is released.
What moves the market is not the data itself, but:
👉 the actual data compared with market expectations
If the market has already priced in the good news, we could see “profit-taking after the good news is confirmed,” even if the Consumer Price Index falls.
The key points to watch for BTC tonight:
📈 To the upside: Can the resistance zone be broken?
📉 To the downside: Can the key support level hold?
Volatility could increase after the data is released, so be sure to manage your position size and don’t rush into moves up or down without thinking.
#Binance #BTC☀ #ETH🔥🔥🔥🔥🔥🔥 #Ethereum
$BTC
$ETH
$BABAB