The market had already declined before the CPI announcement; most of the results were in line with expectations, with one core CPI data point below expectations, which is considered a positive factor. Short-term positive momentum can only lead to a brief rally and cannot change the long-term trend.

With CPI above 4%, interest rate cuts are unlikely. In the absence of news impacts, the fluctuation range remains between 60k and 66k for Bitcoin, and around 1,550 to 1,800 for Ethereum.
The view remains unchanged: this is not the bottom, but rather the initial entry point for dollar-cost averaging.