A new week has begun. This week, the Bitcoin market currently has a significant backdrop.

After the announcement of CPI and PPI, the expectation for interest rate cuts has gradually increased.

Looking back at the market, it broke out of a converging triangle over the weekend. Similar to last week's trend, there is a risk of a sharp decline in the current market, but before it drops, the price still has the potential for an upward surge. The daily K-line has closed positively. Looking at the four-hour chart, the KDJ is narrowing, and there is an upward turning trend in the fifteen-minute and four-hour charts, which suggests we can make a retracement today.

Retracement means an opportunity for us to look up at 86500#BTC .