#美国消费者物价指数发布在即 Last night, Bitcoin put on quite a show again—rising to 97,900 and then losing its temper, turning around and dropping sharply. The market is currently experiencing wide-range fluctuations, and the bulls have been surging too aggressively lately, with obvious lack of momentum. There is heavy resistance above, so don’t be too greedy chasing highs.

From the candlestick chart, it’s clear that a correction is needed now, and the short-term trend is likely to remain shaky. The key level at 98,000 is still a hurdle.

During midday, consider taking a lighter long position to attempt a rebound, targeting around 98,000. But if this resistance level cannot be broken, then decisively switch to a short position, looking for opportunities around 95,000. Currently, US economic data is also influencing the rhythm, so pay attention to risks during key data release periods.

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