Bro, the market is still holding its breath this afternoon ahead of tonight’s CPI report — $BTC 74,562 (-0.39%), still pinned below EMA20 at 74,903 and EMA50 at 75,172, with the 1H RSI at a neutral 43.2. 24h volume is $1.11 billion, with a daily range of 73,750–75,568.
$ETH 2,115 (-1.22%), with SOL at 85.81 (-1.92%) also in the red. BNB at 689 (+0.20%) is the only major coin still in the green.
Bright spot: market breadth has reversed to 383 advancing / 311 declining (55.2%) — a full recovery from yesterday morning’s deep-red 14.8%. INIT is up 48% on 15.1M volume, soaring for the second night in a row; SOXLB is up 17.7% on 33.2M volume. But CREAM is up 65% on just 0.28M volume — thinly traded, so don’t FOMO. NFP (-65.8%) and BETA (-64%) are still seeing heavy selling.
Tonight at 20:30 Vietnam time, US CPI will be released (forecast: 3.9%). This is the key moment: a cool CPI could let BTC reclaim 74,888 and then test EMA20/50 at 74,903–75,172; a hot CPI could send it below 73,510, toward 73,000–72,000. Until then, stay calm and don’t go all-in trying to guess the numbers.
Data analysis, not investment advice.
#Bitcoin #Crypto #CPI
$ETH 2,115 (-1.22%), with SOL at 85.81 (-1.92%) also in the red. BNB at 689 (+0.20%) is the only major coin still in the green.
Bright spot: market breadth has reversed to 383 advancing / 311 declining (55.2%) — a full recovery from yesterday morning’s deep-red 14.8%. INIT is up 48% on 15.1M volume, soaring for the second night in a row; SOXLB is up 17.7% on 33.2M volume. But CREAM is up 65% on just 0.28M volume — thinly traded, so don’t FOMO. NFP (-65.8%) and BETA (-64%) are still seeing heavy selling.
Tonight at 20:30 Vietnam time, US CPI will be released (forecast: 3.9%). This is the key moment: a cool CPI could let BTC reclaim 74,888 and then test EMA20/50 at 74,903–75,172; a hot CPI could send it below 73,510, toward 73,000–72,000. Until then, stay calm and don’t go all-in trying to guess the numbers.
Data analysis, not investment advice.
#Bitcoin #Crypto #CPI
