The impact of US CPI data in January on $BTC: 3 things you must know!

Brothers, tonight the US January non-seasonally adjusted CPI annual rate data will be released, and the impact on the Bitcoin market is definitely not to be underestimated! As an old driver in the cryptocurrency industry, let me highlight the key points for everyone and make preparations in advance!
1. Data higher than expected: bearish news incoming!
If the CPI data is higher than expected, it indicates increased inflationary pressure, and the Fed may adopt a more hawkish monetary policy, such as raising interest rates. In this case: #创作者挑战赛
Market sentiment: Panic sentiment is rising, and the demand for fund safety is increasing.
$BTC Trend: The opportunity cost of holding Bitcoin is rising, and funds may be withdrawn from risky assets, which is likely to put downward pressure on BTC prices.
Operation suggestion: Short-term long positions should pay attention to stop-loss, short positions can be appropriately arranged, and the target is to look at the previous low support level.
2. Data lower than expected: Bullish outbreak!
If the CPI data is lower than expected, it means that inflationary pressures are easing, the Fed's rate hike expectations are weakening, and it may even release a signal for a rate cut. In this case:
Market sentiment: Optimism prevails, with increased attractiveness of risk assets.
BTC trend: The expectation of increased liquidity may lead to a wave of upward movement for BTC as a high-risk asset.
Operation suggestion: Long positions can be set up on dips, target the previous high resistance level, and pay attention to taking profits in batches.
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CPI higher than expected: bearish operation, pay attention to the support below, long positions be cautious.
CPI lower than expected: biased towards long operation, pay attention to the upper resistance, short positions watch out for stop loss.
CPI meets expectations: the market may fluctuate, with short-term high selling and low buying as the main strategy.
Tonight is destined to be a sleepless night. Brothers, keep an eye on the market, manage the risks, and seize the opportunity! 🚀