According to the latest macroeconomic data, the US February CPI increased by 2.4% year-on-year (previously 2.4%), and the core CPI rose by 2.5% year-on-year. Since this data fully aligns with market expectations, its immediate impact on Bitcoin prices in the short term is relatively limited, mainly intensifying market caution and short-term volatility.

📈 Current Market Conditions
Following the release of the in-line CPI data, market attention shifted to other factors, and Bitcoin showed signs of high-level consolidation:
· Price Performance: Currently trading in the $69,000 - $70,000 range. Technical analysis indicates resistance around $71,000 - $72,700, with support near $68,500.
· Market Sentiment: Although prices remain relatively resilient, derivatives markets (such as funding rates) are more defensive, and traders are less willing to chase higher prices.
· Other Focus: Oil price fluctuations caused by geopolitical risks like the US-Iran conflict are becoming a new variable influencing inflation expectations and risk assets.
💎 Summary
Overall, the in-line CPI data has a mild impact on Bitcoin. In the short term, Bitcoin's trend will continue to be influenced by macroeconomic data, geopolitical risks, and institutional capital inflows (such as spot ETFs) among other factors.