š CRUCIAL CPI RELEASE TONIGHT: KEY STRATEGIES!
The US CPI data drops tonight! With projections at +2.8% YoY and +0.2% MoM, here's what to expect:
Hot CPI Scenario (ā„2.9%)
- Fed may delay rate cuts
- BTC could correct to $115k-$118k
- Accumulation opportunity for long-term holders
Cool CPI Scenario (ā¤2.7%)
- Higher chance of September rate cut
- BTC potential rally to $125k-$130k
- Altcoins may follow upward
Neutral Outcome (2.8%)
- Sideways movement between $118k-$122k
- Expect high volatility regardless
Technical Snapshot:
ā¢ Strong support at $118k
ā¢ Resistance at $122k
ā¢ Trading volume up 35% from average
Smart Moves:
1. Place limit orders at key levels
2. Avoid FOMO on fake breakouts
3. Keep dry powder ready for flash dips
My Probability Assessment:
ā¢ 60% neutral (meets projections)
ā¢ 30% bullish (lower CPI)
ā¢ 10% bearish (higher CPI)
Pro Tip:
- Watch price action closely in first hour post-release
- Wait for confirmation before entering positions
Note: Not financial advice. Trade at your own risk.
Discussion:
Which scenario do you think is more likely?
Share your game plan in the comments!
