$BTC started making moves again in the early morning, a wave of buying has caused a lot of short sellers to dive.
The market has been moving up with low volume during the day, and in the evening, there is only about a thousand points of operational space. The impact of CPI does not seem to have caused any significant fluctuations in the market, as it appears to be treading water based on the news from yesterday and today.
After breaking below 103200, it has tested the support at 102700 multiple times without breaking through. A correction in the market is inevitable, but the extent of the correction has indeed taken many by surprise.
Now, we will not blindly chase highs or speculate on the top, but focus on buying on the dip.
Stabilizing and buying on the dip between 102700-103200, with the target looking towards 1045000-105000.
Whether the market can hold depends on tonight.