#策略性加码BTC Recently, this wave of Bitcoin's rally was essentially ignited by CPI data. In just one night, $BTC surged to 96,000, with such a rapid increase that it’s a bit unbelievable.

Ultimately, the market’s main concern remains how the Federal Reserve will act. After the December CPI data was released, it served as a reassurance to the market, alleviating the worries and guesses about the Fed’s next move.

Let’s look at the specific numbers:

The overall CPI increased by 2.7% year-over-year (month-over-month 0.3%), and core CPI rose by 2.6% year-over-year (month-over-month 0.2%). It sounds like a cooling down, but the key lies in the internal structure—housing costs are still rising, up 0.4% month-over-month, and food prices haven’t stabilized either, increasing by 0.7%. Only used car transactions (down 1.1%) and communication costs have shown some easing.

The market’s logic is actually quite straightforward: bad news has been digested, and what remains now is actually good news. The key point is— as long as inflation doesn’t spiral out of control, the Fed has no reason to suddenly change course. They still need to cut interest rates, so the room for rate cuts remains. When the data was released, the market tacitly confirmed: the Fed won’t rush to tighten policy. As a result, a large wave of funds immediately flooded into risk assets, causing a short-term revenge rally.

There’s also a technical reason why Bitcoin could surge to 96,000. $BTC built a solid resistance level around $94,500, acting like a defensive line. The real trick is— just a few tens of millions of dollars in capital to break through this line can trigger a chain reaction, like knocking over the first domino. Such a stampede-like rally hasn’t appeared in the crypto market for a long time.

During this 24-hour surge, the total liquidation on the entire network reached $159 million. The losses for shorts far exceeded those for longs—$94.9 million in short liquidations versus $63.8 million for longs. Just on Bitcoin alone, about $44.1 million of short positions were instantly wiped out. Those who bet on a decline were taught a lesson overnight.

However, whether this momentum can be maintained is uncertain. Whether the $94,500 level can hold is crucial—there’s also a possibility of falling below it. After all, CPI data only provided a less pessimistic outlook; whether the rally can continue depends on the flow of funds into ETFs and the overall market sentiment. These two factors will determine how far Bitcoin can go.