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Black Friday! The U.S. March CPI data will be released tonight at 8:30 PM. If the data exceeds expectations, it will reinforce the market's anticipation of a delayed Federal Reserve rate cut, leading to a stronger dollar and directly bearish for gold, Bitcoin, and other risk assets. Market volatility will intensify, and Black Friday trading is imminent!
Trading Suggestions
Bitcoin: Short-term high in the 72,300–72,600 range, targets at 71,000 → 70,000 → 68,500
Ethereum: Short-term high in the 2,200–2,220 range, targets at 2,165–2,135
If CPI exceeds expectations and rises:
Bitcoin: Break below 68,500, target 68,000–67,500
Ethereum: Break below 2,135, target 2,100–2,080