$BTC Tonight, keep an eye on PPI—the chance to go long may be just around the corner.
BTC plunged to 80226, then bounced back to 81254.
A lot of people are watching that long lower wick, unsure whether to buy the dip or chase a short.
Buyers stepped in around 80200, showing that some short-term selling pressure has been absorbed. Panic selling has been taken out, and the downward momentum has temporarily weakened.
Tonight’s PPI is key.
CPI already came in hotter than expected, so the market is worried about rate hikes. But PPI tracks upstream costs. If PPI doesn’t come in too hot, it would suggest inflationary pressure hasn’t spread, and market sentiment may get some breathing room.
As long as core PPI stays at or below 0.3%, I think the broader market can hold steady and may even rebound.
Long setup:
If BTC pulls back to 80500–80800 and holds, consider a small long position, with a stop-loss below 79800.
First target: 82400. If it holds above that, look to 83500.
If it breaks below 80200, admit you’re wrong—don’t stubbornly hold on.
In short:
If PPI doesn’t come in too hot tonight, a chance to go long could emerge.
I’m not chasing shorts; I’m looking to buy the dip.#BTC跌破8.1万美元
BTC plunged to 80226, then bounced back to 81254.
A lot of people are watching that long lower wick, unsure whether to buy the dip or chase a short.
Buyers stepped in around 80200, showing that some short-term selling pressure has been absorbed. Panic selling has been taken out, and the downward momentum has temporarily weakened.
Tonight’s PPI is key.
CPI already came in hotter than expected, so the market is worried about rate hikes. But PPI tracks upstream costs. If PPI doesn’t come in too hot, it would suggest inflationary pressure hasn’t spread, and market sentiment may get some breathing room.
As long as core PPI stays at or below 0.3%, I think the broader market can hold steady and may even rebound.
Long setup:
If BTC pulls back to 80500–80800 and holds, consider a small long position, with a stop-loss below 79800.
First target: 82400. If it holds above that, look to 83500.
If it breaks below 80200, admit you’re wrong—don’t stubbornly hold on.
In short:
If PPI doesn’t come in too hot tonight, a chance to go long could emerge.
I’m not chasing shorts; I’m looking to buy the dip.#BTC跌破8.1万美元