Tonight's CPI impact on the crypto market, along with trading ideas

First, a brief explanation of how CPI data will affect the crypto market:
If CPI figures are below expectations, the market will think the Federal Reserve is more likely to cut interest rates, the US dollar will weaken, and market liquidity will become more relaxed, which is positive for cryptocurrencies;
If CPI figures are above expectations, the Federal Reserve may delay rate cuts, continue to maintain high interest rates, the US dollar will strengthen, and market liquidity will tighten, which is negative for cryptocurrencies;
If CPI figures are close to expectations, the crypto market is likely to remain volatile with limited impact from the data.

Current market outlook and tonight's CPI view:
The hourly chart has already shown four consecutive bullish candles, indicating a strong trend, similar to the movement before yesterday’s non-farm payroll data release. Based on the news, the price is likely to continue testing higher levels.
If CPI is below expectations, the price may challenge the 90,000 level on the four-hour candlestick shadow from yesterday;
Even if CPI exceeds expectations, I believe the price will rise first before falling.

Therefore, tonight's trading strategy is to focus on long positions around support levels, and after a rise, switch to short positions:
Bitcoin can be lightly long around 86,300, with the key support at 84,800 as a stop-loss, and initial targets at 87,800 and 88,500;
If the price continues to break through, keep an eye on the 90,000 level. If this level cannot hold, consider switching to short positions. $BTC $ETH #美联储降息预测