BTC is below the EMA50 for the fourth time since mid-October, this time it is worse than the last three, and if the CPI data is better or after the rate meeting lands, the price may start to recover as the 4-hour RSI is close to oversold and there is demand for a rebound. The EMA 200 is around $38,800, and if it breaks, it may be pessimistic about the price in the short term, which means that the uptrend since mid-October may come to an end. BTC market capitalization dominance has fallen back to around 53%.