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Although the evening PPI came in below expectations and only slightly pushed up, Bitcoin broke above 65,000 and Ethereum moved above 1,900.
However, geopolitical uncertainties such as the Israel-Iran conflict limit the market’s further upside.
Trading volume and ETF fund flows have not yet expanded enough, and market sentiment remains cautious.
In the short term, it’s still important to watch for a data-driven spike followed by a pullback—see near 63,300–64,000 below.