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Kongtou continues to decline, with the 85,000 level dropping again. Breaking below is only a matter of time.
Two points to emphasize: the market is focused on Thursday’s CPI data. What if the CPI data is favorable to Kong? Wouldn't that be a double boost for Kong, leading to a direct break below the 85,000 level?
If it's bullish, Bitcoin wouldn't rebound much; on the contrary, it would give you a shorting opportunity. After all, without stabilizing above 90,000, I dare to boldly Kong.
Why? If Japan's interest rate hike on Friday materializes, there will definitely be another deep decline.
Above 90,000, Kong can be reduced and held...
For the swing: wait in the 8.45-8.5 range, with synchronized posture, aiming for a 800-1800 point space. $BTC