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9.11｜BTC and ETH Early Trading Thoughts Today's trading idea is very clear: mainly short on rebounds at high levels, absolutely no chasing longs before the CPI release $BTC is currently consolidating around 76800. Yesterday, PPI year-on-year was 5.4%, exceeding expectations, causing an immediate drop from 78900 to 76500. The issue is not the candlestick itself, but that the probability of a rate hike has been pushed to 70%. After consecutive failed attempts above 80000, longs were liquidated again. In this situation, if CPI turns out hotter, a further drop is very likely. $ETH is now around 2440, basically moving in sync with BTC. The real variable tonight is the US August CPI. If core inflation does not decrease, BTC could retest 76500 at any time, or even drop to 75000. Current trading plan: BTC: Short in the 77500-78500 range, target around 75000-76500 ETH: Short in the 2470-2520 range, target around 2320-2410 If BTC breaks out with volume above 82300, the short position is immediately invalidated; never stubbornly hold against the trend. What do you think will happen after the CPI release? Will BTC first go to 75000, or directly rebound to 80000? #OKX星球话题来啦 #波动雷达：币种异动观察