U.S. May PPI data came in far above expectations, and combined with initial jobless claims data offsetting it, overall market sentiment remains cautious. The bearish impact of sticky inflation is likely to persist longer, while the bullish effect from employment data can only provide a brief buffer—whether “big BTC” can sustain a short-term rebound remains in question.



After the data was released, “big BTC” dipped slightly to 62,800 before rebounding, and sell pressure concentrated in the 63,000–63,200 range is the key line to watch tonight.

If it cannot hold above 63,200, the rebound is likely to be a one-off, with the downtrend still dominating and a higher risk of pullback. The evening plan remains unchanged! $BTC $ETH #预测世界杯墨西哥VS南非
BTC2.36%
ETH2.97%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned