$BTC Accurate Market Analysis
Good morning, brothers. This morning the Bitcoin surged,
when we wanted to get in and increase our positions, it was suddenly smashed down.
From the on-chain data, we observed that Binance saw an inflow of over 2000 BTC at 4 AM.
In yesterday's analysis, we mentioned
that before the CPI announcement, the cryptocurrency market wouldn't see a significant rise.
We have to wait until Wednesday night at 9:30 for the CPI data to be released
before the crypto market has a chance for a turnaround.
Why is that?
Because without the CPI data being released, large funds won't take action.
If the whales pump the price, it would be in vain.
In these two scenarios:
1. When market confidence is insufficient.
2. When negative news hasn't fully played out.
Pumping the price just sets people up for a loss.
So we must wait for the CPI announcement.
Either the bad news needs to be fully out, or good news needs to lead to a major reversal.
Only then will large funds dare to invest heavily.
So during these days of skyrocketing prices, don't chase; just wait.
Referring to yesterday's conclusion, a major rebound is expected this week.
The probability of rising is greater than the probability of falling #美国CPI数据即将公布 #比特币价格走势分析