$BTC



Price is currently trading inside a key order block, making this a critical decision area going into CPI.

Markets are positioned for continued disinflation, with risk assets already extended and longs crowded. Financial conditions remain loose, while services and shelter inflation stay sticky.

Historically, when CPI prints inline or slightly hot in this setup, initial volatility fades into selling pressure as positioning unwinds.

For CPI, I’m looking for bearish acceptance after the first reaction, especially if upside fails to hold and volume confirms.
Bias: sell the reaction.
BTC1,98%
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