Is the main force at $BTC crazily accumulating at 117? CPI data may trigger a trend reversal, this price level must be closely monitored!
On the daily chart, we are currently in a pullback, focusing on the support level of 105-110, where a potential stop-loss rebound may occur.
Additionally, the gap between 115-110 definitely needs to be filled, but we need to see if it will break directly or oscillate before going down. The CPI data at 8:30 PM tonight is very important; if the result does not exceed 2.7%, it will be favorable for the market.
The hourly chart indicated a drop yesterday, and now around 117 is a buying opportunity, the main force may be accumulating. Pay attention to the position at 1166; if it breaks below, it may continue to drop, while if it doesn't break, there may be a rebound. Remember to set stop-losses during operations.
Currently, the bulls have sold quite a bit, with the short position stop-loss at 430 million and the long position stop-loss at 300 million. Those who are short should quickly take profits and focus on considering long opportunities.
In this market, making profits really comes easily; Sister Xin will continue to notify fans for the next trade!!
