BNB breaks through the $650 mark

Inviting you to join the personal meeting room of Fuxi Community, click on the link to join the meeting directly: https://meeting.tencent.com/p/9309732027# The current price level of BTCUSD is still being tested against the key range below, with a focus on the 95000-95400 range during trading days. Minor adjustments have been made to the lower range, while the upper test targets are the 96000 and 97000 lines. The layout of the bullish band and structure still needs to be confirmed. The current price level can only be entered based on the signal level of the key range below. Until the structure is confirmed, it is a short-term strategy. Although BTCUUSD is relatively weak in the lower levels, it should be noted that the bullish structure in the upper levels has not changed and still belongs to the trading within the bullish structure. However, the current price level is at the bottom of the key price range for testing, and above the hourly level, the preliminary bottom confirmation stage. The lower edge of the structure in the upper levels of BTCUSD is still in the range of 90000 to 92000. In terms of data: During the evening US trading session, CPI data is released, and the focus is on the data market in the evening. During the data release period, can price fluctuations be confirmed. Specific market explanations for BTCUSD and ETHUSD, including strategies and delisting, detailed explanations in the live broadcast room. For more content, please move to the live broadcast room! Join the Fuxi Community Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Study of professional technical analysis theory 3. Construction and improvement of trading system 4. Daily live streaming of courses, contract pages, and comprehensive analysis Tencent Meeting ID: 930-973-2027 QQ group: 123116768 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.

Bitcoin’s price continues to fluctuate as analysts take note of institutional accumulation.Retail traders remain bearish as macroeconomic uncertainty weighs on risk assets.Fresh U.S. tariffs and Federal Reserve policy signals are adding to market turbulence, as analysts warn of potential liquidity constraints despite a weaker dollar.

Odaily Planet Daily News: According to IntoTheBlock, the number of addresses with balances on the Tron network has exceeded 125 million.

Tonight at 21:30, the United States will release January CPI data, which may directly affect the trend of Bitcoin prices! Reference for past signal strategies: CPI higher than expected: The Federal Reserve's tightening policy continues, and the possibility of BTC falling is high. Short term options include reducing positions or shorting. CPI lower than expected: The expectation of interest rate cuts is heating up, and the probability of BTC rising is high, so it is possible to buy on dips. CPI meets expectations: The market has priced, and BTC is likely to rise moderately. AiCoin custom indicators support intelligent monitoring of macro data such as CPI, non farm payroll, unemployment rate, etc. Users can customize exclusive trading strategies based on historical data performance, real-time buying and selling signals, real-time execution, and grasp every golden opportunity entry point! Advantages of AiCoin custom metrics: 1. Automatically display buy and sell signals on the K-line, making it easy to see when entering and exiting the market; 2. Real time warning, instant notification of market fluctuations, do not miss any opportunities; 3. Backtesting strategy, validated with historical data to improve trading stability; 4. Support real-time trading and directly apply it to real transactions to improve execution efficiency! Disclaimer: The strategy is for reference only and does not constitute any investment advice. Please use it according to your own situation and be responsible for your own profits and losses!

Crypto markets slid 3% in the past 24 hours as traders await U.S. consumer price index (CPI) readings expected later Wednesday, with some expecting a dollar slide in a move that may bump up crypto prices.Bitcoin (BTC) lost 1.3%, while majors ether (ETH), Solana’s SOL, Cardano’s ADA and XRP lost as much as 3%. Memecoin dogecoin (DOGE) slid the most with a 4.5% slide, while BNB Chain’s BNB was up 1% amid renewed interest in the blockchain's ecosystem.See all newslettersThe broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 2.5%.The U.S. CPI measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Changes in CPI readings tend to impact bitcoin, and the broader crypto market, as investors view the asset class as a hedge against inflation.The outlook for the January CPI calls for a monthly increase of 0.3% for the all-items index and a 12-month inflation rate of 2.9%, providing cues on whether the Federal Reserve will cut interest rates in 2025 to battle rising prices.Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.“We infer that the market is heavily long on the dollar. Given that negative news has likely been priced in, we believe USD now faces greater downside risk,” Singapore-based QCP Capital said in a Telegram broadcast on Wednesday. “Any positive news could force USD longs to unwind their positions en masse, potentially sending risk assets higher. Tonight’s CPI release could be the catalyst that triggers a sharp move lower in DXY.”“However, this rising tide may not lift all boats. Bitcoin continues to underperform equities and gold, suggesting some hesitation within the crypto community. Liquidity remains thin across the numerous new listings each week, and last week’s large-scale liquidation wiped out many traders,” QCP said, referring to last Monday’s $1 billion liquidation eventQCP added purchasing “downside protection” — or options that pay out as prices fall lower — continue to be the “best strategy” in the current environment.