Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
BTC( is currently around $111,146.
If the data comes in low, the likelihood of an interest rate cut will increase, and an upward reaction may be seen in BTC and risky assets.
However, if the data comes in high, short-term profit-taking may accelerate.
💬 In my view, the market is currently prepared for every possible scenario, but volatility is inevitable. After the CPI announcement, the first 30 minutes will be determined not by direction, but by the reaction speed.
Therefore, I prefer the strategy of "not trading on the first candle, but on the second reaction."
)#CPIDataIncoming #CPIDataIncoming