Friday Evening Jing Yi Trading Strategy Analysis



Tonight at 20:30, the release of the Five-Star CPI data will be announced. The impact is obviously significant, right?

Year-over-year expected 3.3%, previous value 2.4%; month-over-month expected 0.9%, previous value 0.3%
Inflation has risen sharply, which may delay the Federal Reserve’s interest rate cuts and is bearish for the crypto market

From the current market picture, Big Pie is trading in a range of 710-730, facing resistance overhead. Since Friday liquidity is low, after the data release it is extremely easy to see violent wick spikes and a double explosion in both long and short positions.

Jing Yi’s Predictions for Different Data Trends

1️⃣ CPI > 3.3% (bearish beyond expectations): BTC dumps, breaks below 70000, and probes down to 68500-69000 support
2️⃣ CPI ≈ 3.3% (in line with expectations): first drops, then consolidates, moving within the 70000-73500 range
3️⃣ CPI < 3.1% (bullish below expectations): BTC rallies, breaks through 73500, and targets 74500-75000

Resistance level: 73500; Support levels: 70000, 68500. When to enter the market is clear, right? Keep a light position before and after the data, strictly use stop-losses, do not chase with heavy size—quick in, quick out

#Gate上线Pre-IPOs
BTC0,6%
View Original
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin