$BTC
The week has just started, so don't rush. The CPI and PPI on Wednesday and Thursday are still worth looking forward to.
If the forecast value is higher than the previous value, it means inflation isn't going down, and don't expect interest rate cuts too soon; market sentiment may be negative. If you have positions, be careful not to get liquidated on the spot.
The weekend rebound of Bitcoin has finally reached a key position at the 4-hour midline, but it is obviously struggling, not even breaking the previous high.
This means that the strength of the bulls is currently very weak. Looking at this wave of rebound from a structural perspective, the highs are lower, and the lows are also lower, a standard rebound recession type.
The likely trend for this week is first oscillation, then liquidation.
Key focus ⚠️
Bull liquidation points: 96500, 92000.
Bear liquidation points: 108000, 114700.
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