Around 20 points, the market may welcome a big trend (CPI release event). #CPI数据来袭

Today $BTC

Up and down fluctuations, with no technical points to speak of, $ETH

There are even rumors that an insider whale opened a 50x ETH position worth 150 million (specifically targeting quick trades, making nearly 10 million USD), and later someone attempted to counter him, hitting a hundred million but failed. Then the guy added another 80 million long positions, and he has already closed those.

However, the market hasn't seen any significant increase; this trend clearly indicates serious market tug-of-war, and it is highly likely that everyone is waiting for tonight's news to determine the market direction, whether it will rise or fall, depending on whether tonight's CPI release will improve people's speculation (whether prices will continue to rise or inflation?).

Personally, I feel it's favorable; after all, the whale has taken on so many long positions. Although he has closed them now, it is clear that he is waiting for the results of the press conference! The market trend is obviously not over. Remember to set stop-loss and take-profit! Remember!