$BTC Last night, I shorted around 72k. The CPI interest rate last night was 3.3%, and it didn’t drop like I thought—instead, it pushed up to 73.4k. I got filled on all my short orders; my average cost is at 72.5k.

I think it’ll harden for a bit over the weekend, then drop. Even if you didn’t short, you can still short around the current 72.5k—at least you can see that most of the short orders’ chips at the 71–70k top are being liquidated. If it goes higher, it’ll be the 74k chip zone. The rally is just a reaction to the Fed rate-cut expectations not being suppressed → actual interest rates fall, US bond yields retreat, and the dollar weakens → risk assets become more popular.#Gate广场四月发帖挑战