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In this market, the most extreme gamblers often die in the darkness before dawn.
Before the CPI data is released, those who eagerly chase short positions at low levels may be inadvertently warming up for the upcoming big move.
At 8:30 PM Eastern Time, the US will release the April CPI data.
Based on current market consensus, the data is expected to be bearish, but the final result still depends on the actual announcement, and there is some uncertainty.
But until it is released, we still primarily rely on the market information available at that time.
Continuing to chase short positions at low levels personally seems quite extreme.
During the day, we will maintain a low-position long setup, and will make dynamic adjustments once the news is confirmed.
$BTC $PI $ANTHROPIC
#TROLL两日涨超160%
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