CPI data has just been released, and $ETH immediately skyrocketed. This wave of altcoin market seems promising!
Looking back now, we timely replenished the funds we had previously reduced before the market started, thus avoiding the risk of decline and acquiring more chips at low prices.
Specifically looking at the US July CPI data, the unadjusted annual rate dropped from the previous value of 2.7% to the expected 2.8%, but the actual result remained at 2.7%, which is a slight positive; the adjusted monthly rate had a market expectation of 0.2%, but the actual was 0.3%, which meets expectations and has limited impact on the market.
Don't rush to conclusions; let's wait until 9:30 PM tonight to see if this surge is a true breakthrough or a trap set by the positive CPI news. Currently, maintaining a position of 70-80% is the safest, allowing for replenishment if it drops and timely profit-taking if it rises, patiently waiting for the spring to blossom.
Still unsure how to operate in this market? Follow me for strategies; execution is up to you! There are only so many positions available; the quick will gain, and the slow will lose!
