📄 Body Content:
$BTC Bitcoin is trading just below $110,500, while Ethereum $ETH approaches $2,800 — signaling growing strength across the crypto market. But all eyes are now on today’s U.S. CPI (inflation) report, a potential game-changer for traders and investors alike.
🔍 Why This Matters:
CPI data is due today at 8:30 AM ET.
A cooler inflation reading could reinforce bullish sentiment and drive prices higher.
But if inflation remains sticky, risk-off sentiment might cause a short-term dip.
📊 Key Market Levels:
Bitcoin support: $109,000
Resistance: $111,500–$112,000
Trend: Bullish with caution ⚠️
Ethereum and select altcoins like SOL, AVAX, and LINK are showing strength — many up 6–11% in the last 24 hours.
🧠 What Analysts Are Saying:
> “Markets are cautiously optimistic. If CPI surprises to the downside, it could add fuel to the ongoing rally,” – Analyst, CoinShares.
Meanwhile, crypto funds have seen record inflows, pushing AUM above $167 billion — further supporting the bullish thesis.
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❓ What Do You Think?
If CPI data comes in hot, will you buy the dip or wait on the sidelines?
💬 Comment below with your strategy! 👇
#CryptoRoundTableRemarks #MarketRebound #BinanceAlphaAlert #BTC110KSoon?
