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CPI surges past expectations! BTC sharply breaks 73,000, the ultimate despair for the bears!
Tonight at 8:30 PM, the entire market is waiting for the “death sentence” of CPI. The data is indeed not looking good—3.3% year-over-year increase, inflation sticky as glue. But if you dare to short based on the data exceeding expectations tonight, your face might already be swollen from being slapped.
1. The “ridiculous” divergence between data and market movement
US March CPI year-over-year 3.3%, month-over-month 0.9%, hitting the largest single-month increase in nearly two years. Logically, the Fed’s rate cut expectations should collapse, and the market should drop, but the script for BTC is: a downward spike near 71,500 to trap shorts, then reverse and launch a rocket mode, directly breaking through the 73,000 resistance!
2. Why does it not fall but rise instead?
3. Market level analysis
4. Trading suggestions:
Don’t fear high prices! This behavior of “pushing up against bad news” is a typical strong market manipulation signal.
Summary: Don’t view the current market with old logic; the consensus has changed. The short-term defense line at 73,000 has already collapsed, and the upcoming market will only get crazier.
#GateSquare @Gate__Square #BTC #CPI #Cryptocurrency #MarketAnalysis
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