#美国消费者物价指数发布在即 U.S. inflation data will be announced tonight, with market expectations for the CPI to fall between 2.7% and 2.8%. As a market barometer, this data will directly determine whether $BTC can continue to rise or face adjustment pressure. Recently, geopolitical conflicts have intensified, pushing gold and silver to new highs, and institutions are continuously deploying Bitcoin, indicating that the demand for safe-haven assets is increasing. However, global macro policy uncertainties persist, and the market remains tense.

Looking at $BTC's trend, after reaching 92000, the price started to retrace and is now around 91116. Although the bulls still hold some advantage, the total holdings are shrinking, and spot ETFs are experiencing net outflows, reflecting that large funds are becoming cautious ahead of key data. Demand for leveraged trading is declining, volatility is increasing, and there is considerable selling pressure and wait-and-see sentiment in the short term.

From the hourly technical structure, the characteristics of the MMBM range are becoming more evident, with 96000 becoming a "destination" in the bulls' eyes. Once the funds recognize this structure, upward swing opportunities will emerge. But it’s important to note — we must keep a close eye on the authenticity of this range. If the price breaks below the key support level, the previous bullish pattern will need to be reassessed.

In simple terms, tonight’s focus is whether the data can inject an optimistic "liquidity" expectation into the market. The current market resembles a tug-of-war: the bulls want to push the price to 96000, but they haven't stabilized their footing yet. Once the data is released, the reaction at that moment will be crucial. If the price can break upward in line with the technical structure, it may be a good opportunity to enter; but if it falls below support, quickly exit the position and avoid betting on macro data changes. Remember, fighting against chaos in data only harms oneself; taking profits promptly is the real key.