The path of Bitcoin (BTC) has always been full of twists and turns. After starting a rebound from around $89,000, the increase has exceeded $8,000. In this case, short-term profit-taking investors will choose to sell, leading to a slight pullback in the market. Currently above $98,000, a large number of sell orders are suppressing the price, and whether it can break through quickly has become a key point today.
Affected by today's CPI data, the market is expected to fluctuate within a smaller range, and even the outlook for the altcoin market is not very optimistic. Before the release of today's CPI data, investors locking in profits are expected to cause a brief pullback in the market tonight. The specific trend may be a pullback in the morning, followed by a rise starting in the afternoon, roughly between 3 PM and 6 PM, with an upward trend, and then entering a pullback after 6 PM until the CPI data is released.
