#CPIWatch IMPORTANT CPI RELEASE THIS EVENING: KEY STRATEGIES!
US CPI data is coming out this evening! With forecasts of +2.8% year-over-year and +0.2% month-over-month, here’s what to expect:
Hot CPI Scenario (≥2.9%)
- The Fed may delay rate cuts
- BTC may correct to $115k-$118k
- Accumulation opportunity for long-term holders
Cold CPI Scenario (≤2.7%)
- Higher chance of rate cut in September
- Potential BTC rise to $125k-$130k
- Altcoins may go up
Neutral Outcome (2.8%)
- Sideways movement between $118k-$122k
- Expect high volatility regardless
Technical Overview:
• Strong support at $118k
• Resistance at $122k
• Trading volume increased by 35% from average
Smart Steps:
1. Place limit orders at key levels
2. Avoid FOMO on false breakouts
3. Keep dry powder ready for quick dips
My probability assessment:
• 60% neutral (aligns with forecasts)
• 30% optimistic (lower CPI)
• 10% pessimistic (higher CPI)
Professional Tip:
- Watch price movement closely in the first hour after release
- Wait for confirmation before entering positions
#Binance
#Bitcoin
#TradingTips
$BTC $BNB $SOL
