Tonight, the US CPI is expected to be between 2.7% and 2.8%. As a barometer, the result will directly influence the short-term direction of risk assets like BTC. Recently, geopolitical tensions have driven gold and silver to new highs. Although institutions continue to increase their BTC holdings, indicating its growing safe-haven properties, macro policy uncertainties still keep market sentiment tense.

Currently, BTC retreated after reaching around 92,000, now trading at approximately 91,116. Despite bullish sentiment still prevailing, the decrease in total holdings and continuous net outflows from ETFs reflect cautious capital ahead of key data releases. Leverage demand remains weak, and volatility has increased, so short-term pressure and wait-and-see sentiment persist.

The H1 cycle MMBM range signals are strengthening, with 96,000 seen as an important upward magnet level. If subsequent capital flows resonate with this structure, trading opportunities on the wave could emerge. However, we need to closely monitor the validity of this range. If the price breaks below key support, the original bullish structure will be invalidated.

Tonight, it all depends on whether inflation data gives the "liquidity" expectation. The current market looks like a tug-of-war—bulls want to jump into the 96,000 pit, but they haven't stabilized their footing yet. We should watch the moment the data is released—don't rush blindly. If the price can move up in line with the structure, take advantage of the trend; if it breaks below a key level, quickly exit. Never hold on stubbornly during data conflicts—safety of profits is the top priority! $BTC ‌#Gate广场创作者新春激励