Recently, the net inflow of Bitcoin ETF has been significant, reaching 2,600 BTC, with a value of up to 166 million. This trend may hint at the market’s optimistic expectations for the future trend of Bitcoin, especially the CPI data to be released tonight. However, despite this positive signal, large institutions such as BlackRock have not significantly increased their holdings, which to a certain extent has caused some concern in the market.
Despite this, we should still view market sentiment and institutional trends rationally. The influence of institutions such as BlackRock is important, but market trends are not entirely influenced by them. Tonight's CPI data is a key economic indicator, and its results will have an important impact on the market. From a personal perspective, I think the CPI data is likely to be in line with expectations or not deviate too much, which will be good for the market.
Therefore, while paying attention to market sentiment and institutional trends, we should pay more attention to the fundamentals of economic data. When the CPI data is released tonight, we should maintain rational analysis and make reasonable investment decisions based on market trends and fundamental data.