BTC has been consolidating at a high level for the whole day. Now it is trading sideways waiting for the release of CPI data and then choosing a short-term direction.
Yesterday's PPI data was positive. The two data usually have some correlation. PPI will be more advanced. I wonder if it will be the same this time.
The opportunity at a small level is that the expectation of favorable data will directly break through 9w9. On the contrary, the negative data will go down to around 9w4. After all, this rebound has not yet fallen back to a higher low. The overall idea remains the same as before, keeping low and long.
Several locations that need attention
Support position
The first position is 95400-95800 (tested once)
Second position 94400
The third position 93700-93400
Pressure position
First position 99200-99700
Second position
The third position
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