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#CPI Data Incoming
From the 4-hour chart, the price of Bitcoin is steadily rising along the upper Bollinger Band. In the MACD indicator, the DIF line and the DEA line have crossed above the zero axis and continue to diverge, with the red energy bars continuously strengthening.
Although the RSI indicator is at a high level, there is no obvious overbought divergence, and the volume has been well matched during the rise, indicating that the bullish strength is dominant and is expected to continue the upward trend.