đš BTC swung $3,300 in 24 hours. Now comes the CPI test. đ
Bitcoin bounced from $80,943 to $84,265, but volatility is already sending a warning.
đ $227M liquidated in 24 hours, reportedly mostly long positions.
đ Fear & Greed: 57, down from 69.
đ§ Open interest is falling, with BTC down 4.9% and ETH down 8.7% over seven days.
Now all eyes turn to US CPI at 8:30 AM ET.
The first reaction could be messy. A sharp move doesn't guarantee a sustained trend, and the actual data may shift market expectations quickly.
đ§ The lesson for CPI day? Don't confuse volatility with opportunity.
Wait for the data, watch the reaction, and avoid forcing a trade without confirmation.
đ What's your CPI day rule: trade the volatility or stay on the sidelines?
