#CPI数据来袭
US CPI data may become a catalyst for Bitcoin volatility: According to Sina Finance's report on May 12, the US April CPI is expected to be 3.4% year-on-year (previous value 3.5%), and the core CPI is expected to drop to 3.6%. If the data exceeds expectations, the probability of a Federal Reserve interest rate hike will increase, and Bitcoin may break below the $98,000 support; if inflation cools, it could help the price return to the $105,000 high. Currently, Bitcoin futures open interest has reached $38 billion, creating a historical peak, and the market is highly sensitive to CPI. Technically, attention is focused on the $96,000-$102,000 fluctuation range, as the observation period for China-US tariffs combined with inflation data may trigger severe volatility in both directions.
