$BTC is grinding around the $76.2K previous weekly low ahead of CPI. Honestly, this range feels pretty dead right now, and I wouldn’t be surprised if it stays this way until after the CPI release. OI also shows that the last dump attracted a lot of shorts, while this small pump looks largely driven by aggressive short covering. For longs, I’m watching two scenarios today, both likely playing out after CPI. First, if we sweep the $76.2K PWL, that could trigger more selling and flush out buyers. If that happens, I’ll be watching for a long trigger after the sweep. The second scenario is the one I prefer: CPI sends BTC into a sharp flash wick below $75.5K. That could wipe out the buyers trapped in this range and bring aggressive sellers into the market. From there, a strong reclaim could give a much better setup for higher-timeframe longs. The $80K and $81K short POIs are still valid, but I don’t expect price to reach them today. #BTC Price Analysis# #Macro Insights#