Calm Before the CPI Storm?
🚨 Profit-taking hits $BTC after $122K weekend highs.
📉 Spot liquidity drying up (-22%) while derivatives OI rockets +40% 📈.
🏦 ETF flows turn red with $311M gone last week.
📆 CPI Aug 12: Above 3.3% YoY? Fed cuts could be pushed back 😬.
🛡 Support: $117,517 — break it & eyes shift to $114,329.
⚡ Low liquidity + high OI = Volatility ahead!
#Bitcoin 🔄 Stuck in a Rising Wedge after another 120K rejection!
⚠️ Break down = Bearish vibes
💪 Break up = Bull control
Bulls must defend support & conquer 120K 🚀#BTC #BTCReclaims120K #ETH4500Next? #BinanceAlphaAlert #CPIWatch $BTC
