Core CPI 2.4%, lower than expected and the previous value of 2.8%, is the lowest since October 2024;

Tariff suspension + weak CPI is enough to support the US stock market from declining, and the CPI also gives the Federal Reserve room to cut interest rates.

Next are the bank and big tech earnings reports to be announced on Friday. If the earnings reports trend towards normalization, the US stock market can fluctuate within an 11% range, and BTC can hover between 78000-87000. (If BTC experiences a surge due to favorable policies announced at the recent cryptocurrency working group meeting, it could also reach between 88000-90000.)