$BTC As we head into the evening, all eyes are on the upcoming U.S. CPI data release. Traders are advised to remain flexible and ready to adjust their strategies in response to potential market shifts driven by the data.

From a technical standpoint, the market is currently consolidating near recent highs. The KDJ indicator is in the oversold zone at lower levels, and the K-line is beginning to show signs of an upward reversal—suggesting a possible rebound. However, if resistance at higher levels cannot be decisively broken, any short-term recovery may be followed by renewed downside pressure.