U.S. inflation data questioned, BTC key level closely monitored at $112,000
The incident of Trump firing the head of the Bureau of Labor Statistics has escalated, and the market is beginning to doubt that inflation data may be politically manipulated.
It is important to note that the $2.1 trillion inflation-protected securities (TIPS) market relies heavily on CPI data; if the data is not trustworthy, the U.S. Treasury market will be the first to suffer.
Currently, TIPS are still performing well, indicating that the market remains concerned about inflation. Next week's CPI report has become a major focus, and U.S. Treasury yields have already started to decline in anticipation, suggesting that some are betting on an early interest rate cut by the Federal Reserve.
Bitcoin has also been dragged down. From a technical perspective, $112,000 is a short-term lifeline, and if it falls below this level, it could trigger a chain reaction of liquidations.
Market sentiment is tense right now, and operations must closely monitor the $112,000-$113,000 range: if it breaks, quickly reduce positions to hedge;
If next week's CPI report exhausts negative surprises, BTC may rebound, but don't rush to buy the dip—wait for the trend to clarify first.
