Last night's CPI data, although numerically higher than expected

But in fact, if you look at the detailed data carefully, you will find

After removing the energy index, various inflation values ​​are actually declining.

But for American investors, the gap with the previous value is not the most important

The most important thing is whether the final result meets expectations.

The broad inflation data that ordinary people are most concerned about is obviously higher than expected.

This means that the market's expectations for inflation are insufficient.

Increased risk aversion among ordinary American investors

As for the trend of Bitcoin

From the daily line point of view, 26800 and 26200 are two daily level consolidation ranges.

When the price reaches these positions, in the absence of any particularly negative factors,

Prices need to react in some way at these positions.

To put it bluntly, if there is no obvious bad news, there will be a rebound if it falls here.

Especially as the risk aversion of U.S. investors intensified yesterday

Bitcoin has not fallen sharply again, which can be seen

Bitcoin needs to rebound

But there are still some risks in going long here

The current price is only one step away from the gap near 26200.

Such a close distance is just like a needle.

So if I want to go long here, I prefer to enter on the right side.

The opportunity to enter from the right side should be found within 1 hour.

If we regard this as a potential double bottom, it is very simple to break through here, which is the prerequisite for the establishment of a double bottom.

Therefore, only after the price breaks through 26900 and stabilizes, it is safer to enter the market.

If you go long here, the first target is around 27400 and the second target is around 27800.

If the price directly reaches around 26200 and stabilizes, we will enter the market and go long.

The target is also 27400 and 27800

But after reaching around 26200, the meaning is different.

This three-stage rebound at the daily level can be declared over.

Then the next step is the rebound short selling pattern.

In fact, these trends still do not deviate from the pattern of great shocks that I talked about a long time ago.

It's just a small trend in a big shock.

Then after coming down from the upper edge of the oscillation range, it is likely to go to the lower edge.

2W5 must be broken

Friends who heard me short around 28,000 yuan in the previous video,

You can actually hold more short orders, don't be too anxious to sell them

But if you are afraid of profit taking, you can consider going long to hedge.