The terrifying data (CPI) is coming at 8:30 PM!
Currently, the market is still strong, even though it dropped about 5000 points the next day, today it has recovered most of the losses. Bitcoin is currently adjusting around 103,000. The upcoming market will wait for data guidance.
If the data is unfavorable, Bitcoin will continue to test the 100,000 mark. If it is favorable, the bulls will continue to test the 105,000 mark. Even if it meets expectations with little impact, the market will likely experience a short-term technical upward fluctuation.
Short positions with light leverage in the 103,300-103,800 area, and for conservative investors, they can go short above 104,000, targeting the 101,000-100,000 area. $BTC