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Is it a rise or a fall tonight?
The expected CPI data is 2.4%, the previous value is 2.4%. Below expectations is a slight positive that may lead to a rise! Above expectations, it may consolidate for at most two days, and a fall is also a normal correction. The current inflation data is all fictitious; the Federal Reserve is not too concerned about the inflation situation before tariffs. What they want to see is the real inflation data after the tariffs are applied, as this is the key to determining policy! Tonight, 100700 is an important short-term support level. Once this level is broken, prices are likely to continue to slide, probing down to 99,000 or even 95,000 dollars.
From the on-chain data, long-term holders of Bitcoin have not engaged in large-scale selling, so even if there is a decline, the possibility of a deep crash is not too great #PFVS Launchpad 认购开启 #特朗普宏大减税法案 #贸易战缓和 #BTC