CPI data settles, giving the crypto market a short-term breather opportunity!



US CPI data is released: the overall year-over-year rate of 4.2% fully matches expectations, and the month-over-month rate of 0.5% is also stable—can’t be any steadier. The core month-over-month rate of 0.2% is even a bit lower than the expected 0.3%—a clear win for both gold and silver.

Here’s my personal take: this set of data, plain and simple, is “nothing worth being surprised about.” The Federal Reserve wants jobs to stay stable and inflation not to blow up—so far, that’s basically been met. But the market is still reeling today—Bitcoin dropped below $61,000, Ethereum to 1612, and in the past 24 hours, more than 120,000 traders were liquidated; nearly $420 million is gone. Why?

The market isn’t really watching the CPI itself anymore. What everyone fears is next week’s FOMC meeting—the first one after Wosh took office. How hawkish will the dot plot be? No one has a clear answer. Rate-hike expectations are still climbing, and that’s the big weight pressing down prices.

Core CPI cooling is indeed a short-term positive, but in an environment where “high interest rates stay in place for longer,” it’s hard for the crypto market to break through pressure levels easily. My judgment is: the $60,000 level for Bitcoin will likely need to grind through it repeatedly.

What retail investors need to do is “wait patiently for opportunities, then act decisively—accurate and steady.” Follow Lao Zhang: share real-time strategies every day + anti-cut (anti-stops-out) guide!

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