If the upcoming CPI data is bearish for the dollar and bullish for risk assets, Bitcoin could quickly break through $105,000 and challenge $120,000. Continuous inflow of institutional funds and ETFs will provide strong support, and the risk of the market falling below $100,000 is relatively low.

If the CPI rebounds and drives the dollar to strengthen, Bitcoin may face short-term pressure and could test the support range of $97,000 to $99,000. However, considering MicroStrategy's sufficient capital increase preparations and the strong willingness of long-term holders, the downside potential may be limited, and prices are expected to fluctuate between $90,000 and $110,000.