The recently released CPI data showed that the inflation rate was 2.9%, exceeding the market expectation of 3.0. Despite the hot data, the reaction of the cryptocurrency circle and US stocks was unexpectedly cold, and both did not rise as expected, but fell instead. Combined with the rebound of the market last week, this may indicate that the market has completed the rise before the release of good news, or has digested all the good news.

Market reaction and investment strategy:

Based on past experience, good data usually pushes Bitcoin up to the key resistance level of 6.4 in the short term, and then falls back. The current market's cold reaction may be due to investors' cautious attitude towards the upcoming ETF holding price range. Combined with the upcoming interest rate cut policy, the market trend may not be optimistic in the short term. Investors need to be wary of pressure that may lead to a second bottom, and be prepared to deal with situations that may undermine the mentality of short-term holders and investors who expect interest rate cuts to drive the market.

Market liquidity and future prospects:

The difficulty of the current Bitcoin market is that multiple projects have diluted market liquidity before liquidity has fully returned. Once liquidity is fully restored, whether there is enough attraction in the market is an unknown. However, one positive thing is that Tether has begun to increase its money supply, which may help the market stabilize in the coming months. Investors should continue to pay attention to these developments to better seize market opportunities.

Conclusion:

Although the current market environment is challenging, investors should remain patient and prepare for the upcoming bull market. By closely monitoring market dynamics and adjusting investment strategies, investors can better take advantage of market fluctuations and prepare for future rises. #美国CPI数据连续第4个月回落 #美联储何时降息？ #加密市场反弹 $BTC $ETH $BNB