Will the April CPI “drawing” in the Beautiful Country be unveiled soon—will this batch of data smash BTC down? 💩📉

Guys, are you feeling uneasy about how this weekend will go? The April CPI data for the Beautiful Country will be revealed on May 12. The Cleveland Fed crew forecasts year-over-year to reach 3.56%, higher than March’s 3.3%. If that’s really the case, the Fed old-timers probably won’t be in a hurry to cut interest rates in the short term, and our “digital gold” may get hit with a heavy blow first.

Veteran longtime investors’ in-depth rant:

Did the big water pipe shut down, and the money-absorbing magic stop working? In the past, when inflation was high, BTC could still rely on institutions coming in and forcibly pull itself along. But recently, the buying rhythm of Strategy (the big one that says “If you don’t buy, you lose”) has slowed down. It’s like the village water pump has stopped—then the water level in the fields (liquidity) naturally becomes more sensitive. Now, everyone’s reaction to CPI might be even more nerve-wracking than watching an ex-girlfriend post on social media.

On the technical side, it’s playing an “ascending wedge”: old stock traders know this formation is usually “bullish on the surface, a hidden dagger underneath.” Now it all comes down to whether the 84,000 USDT support can hold. If it can’t, we may have to retreat to around 70,000 to find cover and pick up chips again.

But don’t just stay pessimistic: if this wave can force its way through the 200-day moving average, then the room between 90,000 and 95,000 will be fully opened. Straight up—right now it’s bulls versus bears grappling in the exchange, and for small retail like us, the most important thing is to sit tight and brace ourselves.

My shady trading move recommendation:

Right now the market is “rising on faith, falling on data.” Before the May 12 data hits, don’t open those 100x leverage contracts at this spot—otherwise when the numbers come out, your position might rise faster than CPI, and then blow up into fireworks.

My current state: left hand holding U, right hand holding coins. CPI doesn’t come out, and I don’t move. Either way, being trapped is impossible—this is called “deep value holding,” right? [self-mocking face]

Brothers, do you think this CPI is good news that sends money, or a giant pit that buries people? Gather in the comments and see who the real prophet is! 👇#Gate广场五月交易分享 #韩国加密征税倒计时 $BTC $TON $LAB