Yesterday's CPI data was released, and Bitcoin maintained a narrow range of fluctuation. After today's PPI data was announced, the market quickly declined, appearing to be a bearish move, but in fact, it is a typical false breakout and shakeout pattern.



The overall market still has not established a clear trending direction, and tonight is expected to continue within the range with sideways movement. Currently, Bitcoin is priced at 80,267, and in the short term, it is advisable to lightly accumulate long positions on dips, waiting for a rebound. The short-term main trend is currently unlikely to form a clear breakout pattern.
BTC-1.29%
ETH-0.88%
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