Big pancake plays sideways, long and short curse each other - it's either getting rich or blowing up, the key is to look at tonight's American shot!

Currently, BTC is stuck at 104,476 USDT acting as a 'sandwich', the 1-hour chart shows a 'looming market'. The resistance at the top of 108,000 USDT is like a hard hat, while the support at the bottom of 103,000 USDT is a short-term lifeline, the MACD indicator is sticky like glue, a typical 'dog庄 is on holiday, retail investors are cutting each other.'

Latest News:

1 CPI Prelude: The US May PPI data exceeded expectations with a year-on-year increase of 2.5%, the market is more sensitive to tonight's CPI inflation data, if it exceeds expectations, it may trigger 'interest rate hike panic', BTC correlates with US stocks and plummets.

2 Whale Activity: On-chain monitoring detected an ancient wallet transferring out 4000 BTC, suspected to prepare for dumping or hedging, beware of 'black swan' selling pressure.

3 Exchange 'Funding Explosion' signal: Binance contract open interest surged by 20%, a large number of open contracts piled up around 104,476 USDT, indicating that there will definitely be a 'spike' performance tonight.

Crowbro's Experience
Do you remember the night of the May non-farm payroll data? BTC was also hovering at 98,000 dollars then, after the data was released, it spiked to 93,000 dollars in 1 hour and exploded the longs, then violently pulled back to 100,000 dollars. History won't simply repeat itself, but always follows a rhythm - tonight's script is likely to unfold in three steps:

1 Before CPI: Continue to 'draw doors' and oscillate (103,000-106,000 USDT), the dog庄 is using robots to place orders to create a false illusion of liquidity.

2 Data Release Moment: Whether positive or negative, first reverse spike and explode leverage.

3 Late Night: If it stabilizes at 104,476 USDT, it may rebound on 'bad news fully released'; if it falls below 103,000 USDT, the target will aim straight for the psychological level of 100,000 USDT.

My Strategy:

Short-term: The current price of 104,476 USDT is a 'chicken rib', if it breaks 106,000 USDT then chase with 30% position, if it falls below 103,000 USDT then go short.

Spot traders: Place orders to buy in batches below 100,000 USDT, remember the motto: 'CPI night, seek wealth in danger, but don't be the first to poke your head out.'

'Brothers, tonight we either eat hot pot or instant noodles - will you choose to watch the show with no position, or go all in on leverage to bet on direction? Show your positions in the comments, the one with the most likes can get the latest news for free once!$BTC #加密市场回调

I am Crowbro, if you want to understand or consult and don't know what an effective breakout point is, you can follow me! If I can't do it, you're welcome to come and wake me up with your comments!