$BTC With the bearish news fully priced in, could tonight’s CPI become the catalyst for a rebound?

The biggest change in the market right now is that the bad news has already been repeatedly absorbed. Trump’s election loss, the Democrats taking power, and the possibility that the Democrats may tighten approval for AI data-center infrastructure projects—all of these developments put pressure on the market earlier, and risk assets went through a round of adjustments.

But the thing is, the bearish news is already out in the open, and the market has reacted in advance. There may be less room for a continued one-way decline in the short term. Instead, watch for sentiment to recover once the bad news is behind us.

This CPI release is already rated four stars. It used to be a definite five-star event, so it’s no longer that important! The market has already priced in a high probability of a December rate hike, and that outcome is now fairly certain. Bearish news could all turn into bullish news!

So Peach still thinks that, whatever the volatility looks like today, we’ll see a brief rally. You can open a long position in Bitcoin around 74,000–74,500, and in Ethereum around 2,100–2,110. Be sure to set a stop-loss below.

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