Tonight at 9:30 PM,
CPI data released,
This is the key to determining the recent market.
Recently, you can't look at K-lines.
Have to look at policies and data,
Once all the data of the big beautiful comes out,
the market will have fluctuations.
Yesterday, the PPI data was released.
Bitcoin rebounded directly to around 97,000.
Next is the altcoins following the rise, with US stocks fluctuating.
The PPI data was unexpectedly lower than expected.
Indicates that the inflation pressure at the end of last year has eased.
But it's not enough to prompt the Federal Reserve to cut interest rates again in the short term.
Tonight's CPI inflation data,
Previous value 2.7%, expected value 2.8%,
Core CPI previous value 3.3%, expected value 3.3%.
If it is lower than expected, the market will rise a wave.
Higher than expected,
Bitcoin still has another wave of deep drops!
From the current situation,
If the big beautiful wants to stabilize the dominance of the dollar,
You have to act tough and hold on without lowering interest rates.
But not lowering interest rates will affect global market liquidity.
Holding like this will exacerbate market volatility.
Thus forming a suppression on the prices of risk assets.
This is why the market cannot continue to strengthen in the short term.
From a macro perspective,
Bitcoin is merely entering a cyclical consolidation phase.
However, every time Bitcoin drops by 10%,
Many analysts have started shouting that the bull has run away.
The big sharks laugh at these viewpoints.
Compared to July to August last year,
Bitcoin has dropped more than 26%,
Such consolidations are merely adjustments.
Often at this time there are opportunities to increase holdings.
But many people have become timid.
The more timid you are, the further opportunities will drift away from you.
When we are afraid of wolves in front and tigers behind,
Let's see how the big institutions operate.
January 13, MicroStrategy company,
Increased holdings of 2,530 at an average price of 95,972 US dollars.
The total value is approximately 243 million US dollars.
US listed company Semler Scientific
Increased holdings of 237 Bitcoins, about 23.3 million, with an average price of about 98,267.
According to Arkham data:
BlackRock, MicroStrategy, and Fidelity,
Last year, approximately 94 billion US dollars of Bitcoin was purchased.
Among them, BlackRock purchased 50 billion.
MicroStrategy company 24 billion,
Fidelity 20 billion.
These large institutions,
Many have built positions at an average price above 95,000.
Do they like to engage in losing trades?
Clearly not,
Exactly,
There is still huge profit space among them.
They will splurge to gamble.
You need to know the information that large institutions have.
And the control over the future market,
This is not something retail investors can compare to.
That's why they dare to buy.
Now many countries and regions,
All have started to establish strategic reserves of Bitcoin.
Our country has nearly 200 billion US dollars in 190,000 Bitcoins.
Last July, Trump also stated:
"Will not sell the approximately 210,000 Bitcoins held by the Justice Department,
Will use it for national strategic reserves."
The Republican Party has proposed a bill to make Bitcoin a strategic reserve.
The content is capped at 200,000 per year.
Continuously purchasing Bitcoin for 5 years,
The goal is to obtain a total of 1 million Bitcoins.
With Trump supporting the crypto circle,
At the current price, it's really not high.
Next, with Trump's inauguration quickly approaching,
A wave of speculative market is certainly unavoidable.
There are also expectations for interest rate cuts in September.
The Ethereum ETF hasn't even gained momentum yet.
Bitcoin ETFs are also growing.
These speculations have not yet started.
How did the bull end?
The view of the big sharks:
The bull market is far from over.
The market still has at least a year and a half to unfold.
The impact of domestic macro data on prices is limited.
And it is short-term.
Every major drop is a good opportunity to get in.
I am optimistic about the high point of this bull market at 150k.
Market hotspots:
1. AI applications' AIXBT, Griffain, anon rebounded.
AIXBT is close to a new high, as an investment chatbot.
The team spent 4 years building it. Griffain and anon are DeFi AI.
2. DeFi's COW, LQTY, LDO rebounded. COW is a Trump concept.
3. The big beautiful has a ban, closing TK on the 19th, and American fans crazily refreshing Xiaohongshu unexpectedly ignited a meme frenzy.
The meme's momo speculation is fleeting. Momo is a Xiaohongshu concept, mainly driven by Chinese speculation. The meme's toshi surged, listed on Coinbase.
