Is this the reason for the sharp drop?
CPI data will be released at 8:30 PM tonight, and the entire market is watching.
This pullback might be a pre-emptive short position; if tonight's data meets expectations or is slightly worse, there may not be a further decline; but if it falls below expectations, BTC might rebound directly.
Tonight's data will reveal all, remember to be on time at 8:30 for the release, keep it up!
