7.15 Big Cake

Last night, the CPI data came in across the board below market expectations, which is a bullish signal. It directly pushed the market into a sharp rally higher. But after repeatedly surging to higher levels, the bulls’ upward momentum is getting weaker and weaker—clearly lacking follow-through. $BTC

On the one-hour timeframe, the pace of the rise has already slowed noticeably. The price keeps touching the previous high and then trying to push higher, but it can’t move past the resistance. The sell-side order book pressure above keeps stacking up thicker and thicker. $EVAA $SKHY

Short around 64,800–65,400, targets 63,800 and 63,000
#摩根士丹利增持千枚BTC