6.10 Bitcoin Strategy | Tonight's CPI Will Decide Life or Death



$BTC
Tonight at 8:30 PM, the US May CPI data will be the market's decisive cut / life-saving sign. Currently, both bulls and bears are just lying flat, waiting for the data, with trading volume shrinking to the extreme, volatility ridiculously low, opening orders purely to bet on the direction—win and earn some fees, lose and get liquidated—there's no need to take this risk.

Itching to play: position ≤10%, strictly set stop-loss
Rebound to the 625-630 range with light positions, buy at 635, watch 615-600
Pullback to the 600-605 range, buy at 595, watch 620-630

CPI > 3.2% (unexpectedly explosive): go short with the trend, target 60,000 level, hold if broken
CPI < 2.8% (better than expected positive): lightly follow long positions, target 64,200 strong resistance

After the daily head and shoulders top broke, the lowest touched was 59,129. This is now just a sideways consolidation during the downtrend, not a reversal signal. Don't be fooled by a few small bullish candles into bottom fishing; institutions are still running every day, and ETF net outflows have exceeded 3 billion. #伊朗袭击以色列
BTC-3.1%
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