Tonight at 8:30 PM, the highly anticipated CPI data will be released, and it will directly bring short-term volatility to the crypto market. Many of you have been asking how to trade Bitcoin next. First, let me share my September trading record, which I've made fully public. Every profit and loss is recorded honestly — not a single trade is hidden — so you can see exactly how this month has gone overall.

Let's review the trades completed so far in September. On September 1, I opened a long on BNB at 683 and took profit at 695, locking in a 5% gain. On September 2, I went long on ETH, but the price hit my stop-loss at 2398, resulting in a 6% loss. On September 4, I opened a BTC long at 76,500 and exited at 81,500, earning a 19% profit. I also had a DOGE futures long, entered at 0.09 with a stop-loss at 0.087, which was already stopped out. Adding up all the profits and losses, September's total return still stands at 18%. Even with the DOGE futures stop-out, the overall account remains in positive territory — that's the result of strict risk management.

Many people see the DOGE futures stop-loss and think the trade was a failure, but you need to understand that futures and spot are two completely different games. Futures are all about risk-reward ratio — when the stop-loss is hit, you must exit decisively and never hold a losing position. This futures trade strictly followed the plan: once it broke the level, I was out, keeping the loss within the predetermined range. For spot, I entered at 0.09 and plan to hold for at least 3 months. Spot is a long-term bet on event expectations and should not be confused with short-term futures trading. The holding periods and risk management logic are completely different. Never apply a futures mindset to spot, and never use a spot mentality to hold a futures position.

Back to the current market. Bitcoin is trading around 76,800 and remains in a wide range between 74,000 and 82,000. There's no clear one-directional trend in the short term. Tonight's CPI data will likely cause rapid price spikes in both directions — a bullish reading could send prices surging, while a bearish reading could trigger a short-term dip. With news-driven events like this, the worst thing you can do is load up heavy positions betting on a direction beforehand. After the data comes out, we'll continue with a buy-the-dip approach, waiting for a pullback to the 76,000-76,500 zone before considering long entries, with a stop at 74,000 and a first target of 80,000.

Let me explain why I chose this range. The 74,000 level is the lower support of the recent range. If it's effectively broken, it means the choppy structure has collapsed and the bullish thesis should be temporarily abandoned — so placing the stop-loss here essentially sets a safety net for the trade. The 80,000 level above is the resistance from the previous consolidation phase; once reached, the short-term profit potential for longs is realized. In futures trading, you must always plan your risk-reward ratio before acting. Don't chase trades the moment the market moves. News-driven moves are extremely fast, and chasing pumps or dumping into drops will easily get you stopped out repeatedly.

The most common mistake new traders make is going heavy on a long or short position right before a major data release. CPI is a heavyweight macroeconomic event, and it often plays out as "buy the rumor, sell the fact." Even if the data looks good, prices can spike and then pull back; if the data misses expectations, you can also see a "bad news exhausted" rebound. So I don't recommend opening positions before the data is released. Wait patiently for the data to land, let the market show a stable signal, and then find a good entry point. Prioritize buying dips at support levels rather than chasing highs.

Now about Dogecoin. This futures stop-out was essentially a typical divergence pattern for narrative coins. When mainstream coins were rallying one after another earlier, DOGE didn't move. But when the broader market pulled back, it dropped even harder. The short-term futures bet failed, so I cut losses decisively without letting a small loss snowball. But the spot thesis remains unchanged — it's a 3-month long-term position. Narrative coins often need time for catalysts to play out. Short-term price fluctuations won't change the spot holding plan. Long-term positions require patience — don't panic-sell just because of a few days of choppy decline.

Looking back at this month's trading record, there are winning trades and losing trades. No one can make money on every single trade. Trading isn't about winning every time — it's about proper position sizing, setting stop-losses, and making sure your wins outweigh your losses. Even with the DOGE futures stop-out this month, the account is still up 18%. The key is that every trade uses only 3% of the position, capping the loss on any single trade, while letting winners run. That's the core underlying logic of trading.

For upcoming operations, remember two key points. First, in futures trading, always use a stop-loss and calculate your risk-reward ratio before entering. Avoid going heavy on news events — wait for the market to stabilize before acting. Second, for long-term spot positions, plan your holding period and don't let short-term volatility shake your mindset. Manage spot and futures separately — don't mix them up.

The market never lacks opportunities — what it lacks is consistent trading discipline. Tonight's CPI data will amplify volatility. Make sure to control your position size, avoid impulsive moves, and patiently wait for our planned entry zone.