# Gate衍生品交易量新高

#Gate衍生品交易量新高 Whether the price of Bitcoin will experience a big pump is difficult to predict accurately due to various complex factors. It can mainly be analyzed from the following key perspectives:

The core factors affecting Bitcoin price

- Market Supply and Demand: The total supply of Bitcoin is fixed (21 million coins), and its scarcity is a reason why it is valued by some investors. If buying demand suddenly increases (for example, due to large-scale entry by institutions or regulatory easing leading to more participants), it may drive the price to rise; conversely, large sell-offs ca

The CPI in the U.S. for June rose 2.7% year-on-year, a figure that exceeds market expectations and can be seen as favourable information from a certain perspective. However, analyzing the current situation, the likelihood of a rate cut this month is extremely low, while there is a certain possibility of a rate cut next month, and the probability of a rate cut in September is relatively high. It is worth noting that after the release of the CPI data, #ETH 出现了一定程度的上涨。我们于今日下午果断进场做了短线多单，目前已经顺利完成目标1，且正接近目标2，收益颇为可观，已获得185%以上的收益。 $ETH #Gate 2025 Q2 report was released ##Gate衍生品交易量新高 .

Tonight, the U.S. June CPI data will be unveiled, and this key indicator for unlocking the direction of inflation is of great significance. In recent months, the inflation trend has been fluctuating, and the economic outlook has become increasingly unclear. This data not only relates to the direction of prices but will also influence the Fed's monetary policy choices, and global markets are holding their breath in anticipation.
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Everyone is guessing whether the data will continue to heat up or unexpectedly cool down in

The current price level is not suitable for blindly buying the dip! Overall prices are still constrained by the falling pressure when the Trading Volume expands. On the hourly level, the black three soldiers pattern overlaps with the top distribution type, indicating a clear downtrend, and recently a clear oscillating downward channel has formed. Of the two target points given in the early morning, one has been successfully reached, and next, we need to continue looking down at the 113000 level.

Operation recommendation:
Bitcoin can short around 117500.
First target 115000, second target 113

#Gate衍生品交易量新高 Ling Xin has always been very accurate in predicting trends.
Short position near SOL168, 5 points gained, target reached precisely! #CPI数据来袭

7.15 Afternoon Market Analysis
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After multiple rounds of upward movement by the bulls, Bitcoin's momentum has weakened and its rally is losing strength. The bears are now gaining power, forming strong resistance at key resistance levels, and the small-scale strong upward trend line has been broken, allowing the bears to gradually take the upper hand.
After reaching 3080 yesterday, the second coin has pulled back, temporarily finding support near 2930 in the short term. It has not followed the large coin's dramatic fluctuations, but has instead been oscillating within a wide range.
Operational