
Good afternoon, everyone. The market didn’t move much last night, and a brief consolidation zone has formed on the 4-hour chart. Today, focus primarily on the CPI data at 8:30 PM—see if Bitcoin can use any positive data to powerfully break above $84,000. If it breaks through, the next major target is around $86,900. Of course, there are resistance levels above; if you’ve taken short positions, keep them light—you can always add more if it moves up. If the data turns out negative, things could get ugly—once Bitcoin drops below $82,500–$83,000, be cautious of a potential third test of the lows. Small long positions near the previous support can still be considered with light sizing. Given the low volatility overnight, the levels we provided last night remain valid. Today’s daytime trading is likely to continue consolidating within yesterday’s afternoon high and last night’s low. Be sure to join the live stream at 8:15 PM—we’ll share precise entry points in advance!
