The US CPI data drops tonight! With projections at +2.8% YoY and +0.2% MoM, here's what to expect:
Hot CPI Scenario (≥2.9%) - Fed may delay rate cuts - BTC could correct to $115k-$118k - Accumulation opportunity for long-term holders Cool CPI Scenario (≤2.7%) - Higher chance of September rate cut - BTC potential rally to $125k-$130k - Altcoins may follow upward Neutral Outcome (2.8%) - Sideways movement between $118k-$122k - Expect high volatility regardless Technical Snapshot: • Strong support at $118k • Resistance at $122k • Trading volume up 35% from average Smart Moves: 1. Place limit orders at key levels 2. Avoid FOMO on fake breakouts 3. Keep dry powder ready for flash dips My Probability Assessment: • 60% neutral (meets projections) • 30% bullish (lower CPI) • 10% bearish (higher CPI) Pro Tip: - Watch price action closely in first hour post-release - Wait for confirmation before entering positions #Crypto Market Cap Hits ATH #ETH Breaks $4,300
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CRUCIAL CPI RELEASE TONIGHT: KEY STRATEGIES!
The US CPI data drops tonight! With projections at +2.8% YoY and +0.2% MoM, here's what to expect:
Hot CPI Scenario (≥2.9%)
- Fed may delay rate cuts
- BTC could correct to $115k-$118k
- Accumulation opportunity for long-term holders
Cool CPI Scenario (≤2.7%)
- Higher chance of September rate cut
- BTC potential rally to $125k-$130k
- Altcoins may follow upward
Neutral Outcome (2.8%)
- Sideways movement between $118k-$122k
- Expect high volatility regardless
Technical Snapshot:
• Strong support at $118k
• Resistance at $122k
• Trading volume up 35% from average
Smart Moves:
1. Place limit orders at key levels
2. Avoid FOMO on fake breakouts
3. Keep dry powder ready for flash dips
My Probability Assessment:
• 60% neutral (meets projections)
• 30% bullish (lower CPI)
• 10% bearish (higher CPI)
Pro Tip:
- Watch price action closely in first hour post-release
- Wait for confirmation before entering positions
#Crypto Market Cap Hits ATH #ETH Breaks $4,300