Will there be intense volatility in the crypto market tonight? Major CPI data is coming, and Bitcoin will face a critical test! An in-depth analysis combining market trends and trading strategies:

Institutional forecasts show that the US CPI data released tonight may rise to the 4.2%-4.3% range, continuing to climb from the previous 3.8%, with inflation rebounding for several months. The current cryptocurrency market has already priced in the pressure, with Bitcoin's price leading the decline, and investors' risk-avoidance sentiment significantly increasing.

The core of market volatility depends on the difference between the data and expectations: if the actual data exceeds expectations, it will intensify concerns about interest rate hikes, negatively impacting risk assets; if it’s below expectations, it may trigger a technical rebound; if it’s in line with forecasts, a consolidation pattern is most likely. It’s worth noting that the long-term upward trend of inflation is gradually weakening the risk appetite for cryptocurrencies.

From a technical perspective, the key resistance at $65k is under obvious pressure, and the price has begun to pull back as expected, with short-term bearish strategies already taking profits. Current market divergence focuses on: is this correction a continuation of the rally or a sign of trend reversal?

Judgment criteria can refer to: if the price can stabilize above the previous low of $61k and form a higher low structure, it indicates that the short-term correction is sufficient and there is still upward momentum; conversely, if it breaks below this support level, a deeper pullback should be feared.

The mid-term long positions laid out near $60k are currently in a favorable position. Investors are advised to maintain flexible positions, adjust strategies dynamically based on real-time movements after the data release, and seize market volatility opportunities while controlling risks. #贝莱德减持BTC增持ETH $BTC ‌$ETH