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Tonight's Crypto "Big Test"! CPI data may shatter the "iron bottom," are you ready to "take the hit"?
Just tonight! The US May CPI data will be released soon, with the market generally predicting year-over-year growth will surge to 4.2%, hitting a nearly three-year high. This might be the last sword hanging over the crypto world!
The market preview has already been leaked! Bitcoin is teetering at around $61k, and Ethereum has fallen back to around $1,600 struggling. Notably, last night, "smart money" precisely added 147 million USD in short positions before the US stock plunge, and market sentiment has dropped to "extreme fear"!
What should traders do?
In the face of possible "shock" movements, remember two phrases: Don’t fall before dawn: The market generally expects that if CPI spikes, Bitcoin will test support levels at 60k or even 58k. This might be the last "golden pit."
Keep an eye on the "iron bottom" signals: The Ahr999 index has approached 0.3. If it truly breaks below 60k, for long-term players, it might be the "diamond zone" for accumulating coins in batches.
Trading idea: Short at 62,000, target around 60,000 for long and short
The game is tonight—don’t be the chopped chives, be the hunter watching the storm with a smile! #Gate直通IPO认购SpaceX $BTC