#主流币轮动上涨 I assert that the next period won't be too good!
The current core influence in the $BTC market comes from the latest CPI data, with overall prices rising by 2.7% year-on-year, the highest level since February, and core inflation remaining high at 2.9%.
This has directly changed the market's expectations for Federal Reserve policy; now no one dares to hope that the Fed will ease policy in July, increasing the pressure on Bitcoin to rise significantly.
The upcoming market for Bitcoin won't be too good. The two major factors of rising inflation due to U.S. tariffs and the continuation of high interest rates by the Federal Reserve will make it particularly difficult for Bitcoin to rise. Without significant positive news, it is highly likely to oscillate within the current range, and it may even continue to decline.
In the short term, consider entering around 118000 for a rebound, with a target initially set at 122000.