CPI重大数据来袭！Bitcoin Faces a Critical Trend Test

Tonight's US CPI key data will be released soon, marking a watershed for Bitcoin's short-term trend and the most crucial turning point in the current market.

Institutions predict this CPI may rise to 4.2%-4.3%, continuing to increase from the previous 3.8%, with inflation continuing to rebound and macroeconomic bearish pressures accumulating. The market has already anticipated this, with Bitcoin leading a decline, risk aversion sentiment rising, and overall trading becoming more conservative.

Future market movements will be entirely driven by data expectation differences:

• Data exceeds expectations: Worries about interest rate hikes intensify, risk assets come under pressure, and coin prices continue to weaken;

• Data below expectations: Negative factors are exhausted, and Bitcoin may trigger a technical rebound;

• Data in line with expectations: Both bulls and bears are balanced, and the market maintains range-bound consolidation.

Long-term inflation rising continues to suppress market risk appetite, creating ongoing hidden bearish pressure on crypto assets.

From a technical perspective, Bitcoin is under pressure at the strong resistance level of $65k and has pulled back, realizing short-term profit-taking from the bearish trend. The key debate in the market now: Is this correction a consolidation within an uptrend or a trend reversal?

The critical criteria are very clear:
Hold above $61k support, build a higher low structure on the chart, indicating the correction is sufficient, the bullish trend continues, and there is still room for upward movement;
Effectively break below $61k, establishing a bearish pattern, which will trigger a deeper correction. Risk management and timely adjustment of trading strategies are essential. #Anthropic发布Fable5模型 $BTC