Bitcoin price is about to stage a double-kill market for both longs and shorts!

The annual rate of US CPI will be announced at 20:30 on the evening of June 12

The Federal Reserve’s interest rate decision will be announced at 02:00 on June 13

At 20:30 on the evening of June 13, three major indexes were released within 24 hours, including the U.S. unemployment benefit number and the PPI production index. Even powerful technical people would shake their heads when faced with such continuous news. What's more, for our small group of investors, faced with such a news-intensive period, market uncertainty may lead to violent price fluctuations, and even a double kill between long and short. It does need to be treated with caution. It is wise to remain vigilant and assess risks. Holding a short position and waiting is a conservative strategy, especially for those who do not have enough funds to withstand the fluctuations or do not have the time to closely track the market. For investors with a long-term holding and low-cost basis, short-term fluctuations may not have much impact on them, but they must also be mentally prepared to face market fluctuations.