$BTC Midday Analysis 🚀
Last night’s CPI came in above the expected 3.6%, with inflation rising as well. The market trend suddenly reversed downward. What should we watch for next?
After the data was released, Bitcoin immediately fell below $82,000, and selling pressure in the market intensified. ETF funds had already been flowing out steadily, and macroeconomic expectations are now trending tighter. There is a clear lack of fresh buying, so the short-term rebound lacks staying power.
Ethereum, by comparison, has performed the worst. ETF funds remain under pressure, and institutional buying has yet to show a meaningful recovery. As a result, ETH is often more vulnerable to additional selling pressure, making a quick short-term stabilization difficult.
Next, Bitcoin’s key level to watch is $80,000. If it breaks below this level decisively and fails to reclaim it for some time, be alert for a further pullback toward around $78,000.
$ETH $SOL
#BTC跌破8.1万美元 #美国9月CPI升至3.7%
Last night’s CPI came in above the expected 3.6%, with inflation rising as well. The market trend suddenly reversed downward. What should we watch for next?
After the data was released, Bitcoin immediately fell below $82,000, and selling pressure in the market intensified. ETF funds had already been flowing out steadily, and macroeconomic expectations are now trending tighter. There is a clear lack of fresh buying, so the short-term rebound lacks staying power.
Ethereum, by comparison, has performed the worst. ETF funds remain under pressure, and institutional buying has yet to show a meaningful recovery. As a result, ETH is often more vulnerable to additional selling pressure, making a quick short-term stabilization difficult.
Next, Bitcoin’s key level to watch is $80,000. If it breaks below this level decisively and fails to reclaim it for some time, be alert for a further pullback toward around $78,000.
$ETH $SOL
#BTC跌破8.1万美元 #美国9月CPI升至3.7%