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?

  • All bad news has been priced in: Energy prices (gasoline up 21.2%) causing inflation have been within market expectations. Once the data is released, the last shoe drops, and cautious funds immediately enter the market.
  • Safe-haven asset attribute: The macro uncertainty from the Trump era makes funds more inclined to seek “hard currency.” BTC is gradually diverging from traditional financial logic.

3. Market level analysis

  • BTC: 73,000 has shifted from resistance to short-term support. If the 4-hour chart stabilizes, the next target directly looks at the previous high 75,500. If there’s a pullback, 72,100 is an excellent re-entry point.
  • ETH: Following the rally, currently testing around 2,250. If it can follow BTC and break through 2,300, the upside potential will be enormous.

4. Trading suggestions:

Don’t fear high prices! This behavior of “pushing up against bad news” is a typical strong market manipulation signal.

  • Trading: Light long positions near the current price, or wait for a pullback around 72,200 to enter in batches.
  • Stop-loss: Move it up to 70,800 (as long as it doesn’t break below 71,000, the bullish trend remains).

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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BTC1.1%
ETH1.21%
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