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Tonight at 20:30, the real test for the market is here. Want to know where things go next? Don’t miss it!
The US June CPI is about to be released.
Markets currently broadly expect inflation to keep easing, but what truly moves price action has never been the data itself—it’s always the gap between the data and expectations.
If CPI comes in below expectations, market expectations for further policy easing will heat up even more, and BTC could ride the momentum to challenge overhead resistance.
But if the data strengthens again, expectations for rate cuts will cool down, and profit-taking from high levels may be cashed out again, with short-term volatility likely amplifying noticeably.
More worth noting is that in recent days, US Federal Reserve officials have repeatedly signaled a relatively cautious stance, giving the market a “preemptive warning” in advance.
That means tonight, we’re not only looking at CPI—we’re also watching how the market digests CPI.
Recently, many people around 63,000 keep guessing the direction.
Ye Ge’s view has never changed:
Before the news is released, managing position size is more important than predicting direction;
After the news lands, following where the capital moves is more important than sticking to your own view.
After nine years of trading, I’m increasingly convinced of this saying:
Price action can be predicted, but risk must be controlled;
Profits belong to patient people, not anxious ones.
Tonight at 20:30, volatility won’t be lacking—the thing missing is people who can maintain discipline amid the swings. bitcoin:native ethereum:native #BTC #ETH