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Bitunix Analyst: US Inflation Data Politicization Concerns Rise, BTC Short-term Support Pressure Evident, Suggests Focus on 112,000 Range
Summary: According to reports, US President Trump fired the BLS director, sparking concerns in the market about the politicization of inflation data. The TIPS market ($2.1 trillion) heavily relies on the credibility of CPI data, and if trust is shaken, it could become the first default point in the US Treasury market. TIPS have performed strongly ...
According to reports, US President Trump fired the BLS director, sparking concerns in the market about the politicization of inflation data. The TIPS market ($2.1 trillion) heavily relies on the credibility of CPI data, and if trust is shaken, it could become the first default point in the US Treasury market. TIPS have performed strongly this year, reflecting high inflation expectations, with the market closely watching next week's CPI report. Short-term US bond yields have plummeted, with investors betting on an early rate cut by the Federal Reserve.
Regarding cryptocurrencies, BTC's recent trend is influenced by macroeconomic uncertainties. 112,000 is the short-term support, and breaking below it could trigger a chain liquidation, with short-term pressure still heavy.
Bitunix analysts suggest:
If the credibility of US inflation data is shaken, it will exacerbate market risk aversion, and short-term BTC will be vulnerable to liquidity liquidation effects. Investors are advised to closely monitor the 112,000-113,000 support range, and if breached, risk management should be strictly controlled. If the CPI data's negative impact is exhausted, a rebound is expected, and it is recommended to flexibly adjust positions, wait for a clear direction, and then increase positions.
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Link: Bitunix Analyst: US Inflation Data Politicization Concerns Rise, BTC Short-term Support Pressure Evident, Suggests Focus on 112,000 Range [Copy]
