Yesterday's trend first saw a significant pullback as expected, reaching 3300 points, and then the market oscillated to build momentum for the evening fundamentals. During this time, a small space was gained. Subsequently, we awaited the evening CPI, and the published value was again a false signal, but as mentioned earlier, if the published value exceeds the previous value, then it's a 'false signal'. The trend first faked a move upward, and then after a rise, it took a stronger downward direction. Due to the less-than-ideal entry position, not much was gained, and after the drop, the primary goal was to preserve capital. After reaching a low point, a short position was arranged, still managing to gain some points. The rebound and pullback strength of the CPI were decent, so with limited volatility, it resulted in oscillating corrections, and thus a few points were still gained on the short position. It's getting late, and I'm preparing to rest.

The CPI also was a false signal, so like last time, the upward trend could still continue. In terms of structural movement, the hourly chart broke through the Bollinger middle band with the help of fundamentals, but the entity energy bar still closed below the Bollinger middle band. After that, there were multiple attempts to test the hourly Bollinger middle band, but the breakthroughs were unsuccessful, indicating weakness in the trend. The four-hour chart oscillated directly between the Bollinger middle and lower bands, with the Bollinger lower band already expanding, suggesting some continuation. The key support is the previous low point of 115200; if it breaks, it could extend down to 1000. Overall, after the pullback, it can still rise.

The range around 117000 to 117500 is where it can rise, first looking at the support at the low point, and if it breaks, then around 114200. $BTC #BTC