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CryptosBatman
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$BTC is back above $105,000 and $ETH has climbed above $2,700. The market is getting hot now! 🔥 Other coins worth mentioning with high performance in the last day: $ENA +18% $KAS +15.6% $RAY +15.5% $SPX +14.5% $PEPE +12.9% $BRETT 12.7% $PENGU +11.8%
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Not something you see every day, a bullish FVG lining up perfectly with an inverted one. That area is looking like solid support. If we get a retest, it will probably be quick. Dips like this are made for buying.
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U.S. April Consumer Price Index (CPI) Report Headline CPI (MoM): +0.2% (vs. est. +0.3%) Headline CPI (YoY): +2.3% (vs. est. +2.4%) Core CPI (MoM): +0.2% (vs. est. +0.3%) Core CPI (YoY): +2.8% (in line with est. +2.8%)
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Looking at the roadmap alongside global M2 liquidity, the current $BTC pullback fits perfectly within the pattern. See the orange box. This dip looks like a buy. With today's CPI drop, we might just hit the inflection point. Btw, is a cup and handle pattern in the making? 👀
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Big day ahead, US CPI drops today. Any soft print could spark a bullish reaction. Last month came in cooler at -0.1%, mostly due to falling gas and energy. Unless that reverses, today should stay calm.
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