Trump and several giants officially visiting China, CPI exceeds expectations, inflation sparks Bitcoin's next move?

Last night, April CPI data was released, rising 3.8% year-on-year, surpassing market expectations of 3.7%. Core CPI increased by 2.8% year-on-year, indicating that current inflation is not just a short-term issue caused by rising oil prices, but has begun to transmit to goods and services. Geopolitical factors are beginning to impact the economy! Today, the yellow-haired official officially begins his visit to China. Setting aside specific cooperation issues, the previous surge in Bitcoin was driven by expectations, so should institutions now start selling the facts?

BTC
Price fell below the 80,000 level last night but rebounded back into a sideways range, indicating there are still buy orders protecting the position, and the market remains deadlocked. From the chart, the short-term pattern appears to be a dark cloud cover, with selling pressure continuing. During the day, watch for resistance at 8,130. If it cannot break above and stabilize, it indicates a lack of rebound strength. A break below 7,910 on the daily chart suggests weakening momentum. Keep an eye on the downside.

Around the 8,130-8,170 range, with support at 8,250, target 8,030-7,980. If broken, look toward 7,800.

ETH
Around the 2,303-2,318 range, with support at 2,348, target 2,255. If broken below, look toward 2,217-2,178.