Bitcoin / TetherUS

Bitcoin Trend Analytics May June 9th

172
BTC is running in the triangle within the downward channel. Yesterday it pulled back to the center and today sees the pressure still. (bears holding strength atm)

Box: $32084.67~$28288.38
Center: $29850.35

Longs and shorts have been fighting severely for several days.

The general movement is pro-shorts, while more spaces are opened for both sides.

Keep an eye on the seasonally-adjusted CPI (release at 20:30 UTC+8) Watch out for the risks incurred by the high volatility of price later today.
The indicator broke the support, be aware of the downward risks.

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