36 hours up 38%, $BREV this green candle directly broke through 0.095, 24-hour trading volume surged to $13.9 million. Why choose it? Last night the Fed minutes were hawkish, non-farm payrolls beat expectations, but CPI hasn't been released yet, the market is betting on the last wave of risk asset rebound after the delayed rate cut expectations. I pulled the data, in the past three times two days before CPI release, the instant correlation between BREV and WTI crude oil reached 0.68, which is 0.2 higher than BTC. This is an open card — altcoins with stronger commodity attributes will move first.


Now 0.093-0.095 is the previous high resistance zone, don't chase highs. I set a buy order at 0.088, stop loss at 0.082, first target 0.105. Position size should not exceed 20%, wait for CPI to land before adding. Don't just look at the chart, interest rates are fighting outside, oil is being speculated, staring at the candlestick chart is useless.
BREV50.91%
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