Let's review this news:
① What happened: U.S. October CPI data is about to be released, and the market is watching the outlook for a Fed rate hike in December.
② Why it matters: The news is bearish, and sentiment and leveraged funds are likely to be affected first; the key question is whether selling pressure will persist.
③ What I'll be watching: Whether there are any unusual movements in whale addresses, and whether the market has already priced this in.
④ What I'll do: I won't rush to buy the dip. I'll wait for selling pressure to ease and the candlesticks to stabilize before reassessing.
Back to prices: $BTC is currently at 76032, up 0.87% over 24 hours, with an intraday range of 74888–76378.
What do you think at this stage?
#BTC
This is just my personal perspective and may not be accurate. Please use caution.
① What happened: U.S. October CPI data is about to be released, and the market is watching the outlook for a Fed rate hike in December.
② Why it matters: The news is bearish, and sentiment and leveraged funds are likely to be affected first; the key question is whether selling pressure will persist.
③ What I'll be watching: Whether there are any unusual movements in whale addresses, and whether the market has already priced this in.
④ What I'll do: I won't rush to buy the dip. I'll wait for selling pressure to ease and the candlesticks to stabilize before reassessing.
Back to prices: $BTC is currently at 76032, up 0.87% over 24 hours, with an intraday range of 74888–76378.
What do you think at this stage?
#BTC
This is just my personal perspective and may not be accurate. Please use caution.
