#CreatorPad Given the current market conditions, it's likely that BTC will face some short-term pressure. The PPI data revealed a 3.3% annual headline inflation rate, surpassing expectations and sparking concerns about persistent inflationary pressures. This might limit BTC's upside momentum in the short term.

*Key Levels to Watch:*

- *Support Level:* $112,000 - If BTC maintains support above this level, altcoins could thrive in a consolidation-driven setup. A drop below $112,000 could signal a shift in market structure, potentially triggering corrections toward lower areas of interest between $105,000 and $110,000.

- *Resistance Level:* $120,000 - A decisive close above $120,000 on the four-hour chart could indicate a bullish trend.

*Possible Scenarios:*