#CryptoRoundTableRemarks The cryptocurrency market is eagerly awaiting the US Consumer Price Index (CPI) data release, which could significantly impact market sentiment and volatility. Here's what you need to know ¹ ² ³:

- *CPI Data Expectations*: The CPI is forecast to rise at an annual rate of 2.4% in April, unchanged from March. Core CPI inflation, excluding food and energy, is expected to stay at 2.8% year-over-year.

- *Market Impact*: A softer-than-expected CPI reading could boost investor confidence and lead to rallies in cryptocurrencies, while a surprise uptick could affirm bets that the Fed will hold policy rates steady, triggering a risk-off sentiment.

- *Bitcoin's Current State*: Bitcoin recently touched $105,700 before retreating by 3% to $102,662.30, indicating potential profit-taking near the $106,000 resistance level.

- *Trader Sentiment*: Analysts believe the $100,000 mark remains a critical psychological and liquidation level, with over $3.4 billion in long positions exposed to downside risk if selling pressure continues.