What was said yesterday is just like this, a rush and then a pour
Big pancake $BTC today going down the stairs
Auntie is still a bit tough, when ETH is strong mainly focus on $AAVE it’s enough to do a swing trade
What's regrettable is that AAVE and $MKR are both things I've repeatedly loved, the daily line is strengthening, and there’s aggressive speculation 🎰
First, from the data released over the past few months
CPI has decreased from 3 to 2.8, then to 2.4, and then down to the last reported 2.3.
So around February, the CPI gave a favorable impact after the market, first gave a rebound similar to strategic reserves, and then the market made a pullback.
At that time, the low point of that wave of decline was already a relatively low state
Then from April and May to today's June CPI, it has pushed the market higher. So this time CPI has a rebound trend, and the strength of the rebound is not low, roughly rebounding from a previous value of 2.3% to 2.5%.
Overall, there has been a rebound, but the magnitude of the rebound is not particularly high.
Bitcoin reaches the previous high point, which is around 110,000, but the overall high point range is maintained at a level, so combined with this, the price around 110,000 USD is indeed a higher and dangerous area
Also, a couple of days ago I cleared positions at 108,000 to avoid the pullback to around 100,000, then got back in at 104,000, this part was a bit less eaten
Because in the end, no matter how you set a trap, at a smaller level, piercing through these previous highs, this market can directly engage in a wave of oscillating decline.
At least it’s making a high-level daily oscillation. So my viewpoint here is that if you are someone who needs to wait for a pullback to go long
Before this wave of market pullback, you completely don’t need to trade
Let me also talk about some short and long positions in this wave of the market.
I'll first talk about short positions, short positions are easy to find.
Bitcoin is less than about 2,000 USD away from the historical high
So you can understand that you are currently at a historical new high status anytime, anywhere
Support that I currently see is above 107,000, but according to personal trading habits, I don’t consider spot here too much.
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Invitation code: DZADD8FF (enjoy signal transmission)