$BTC

Currently, it is consolidating at a high level, and some altcoins are indeed rising significantly, like Uni, which has seen a surge; it might be good to take some profits and buy back in when it dips.

Tonight at 8:30 PM, the US May CPI data will be released.

If the news is unfavorable, BTC may experience a slight pullback, but the long-term bullish trend remains unchanged.

If inflation cools down and the good news comes out, the whales might start to push the price up.

On June 6, at the 50-day moving average, the whales have already shaken out some positions, and those who were not firm or took a small profit have exited; now there are not many people on board, making it easier to pump the price.

I see the data shows that US oil prices have decreased, and oil prices make up a large part of CPI, so there is a good chance that tonight's CPI will be lower, which is bullish for BTC.

Today, The Blockchain Group in Europe announced plans to raise about $11 billion to buy BTC, which is a considerable amount; Trump's company only raised over $2 billion.

Large companies have been accumulating BTC, while retail investors are being shaken out. Once the price is pushed up and news of BTC rising to $1 million is released, those who exited earlier will definitely be unwilling and will chase the price, creating a cyclical peak.

Everyone should patiently hold onto BTC and wait for the breakout; don't be shaken out by the whales.

Personal advice: Hold a large position in BTC, and keep altcoin positions below 20%. Small investors can look for opportunities on-chain.

#中美贸易谈判 #加密市场反弹 #看懂K线 #以太坊生态回暖