#密码资产动态追踪 US December CPI released, with a year-over-year increase of 2.7%, in line with expectations, but core CPI at 2.6% slightly below forecasts, signaling a slowdown in inflation. The market sentiment shifted accordingly, and cryptocurrencies rebounded—early morning on January 14th, Bitcoin surged to around $96,000, with a 24-hour increase of nearly 8%; Ethereum also performed strongly, surpassing $3,300, with a comparable gain.

**Key Data Overview**

This CPI report has several highlights. The overall CPI increased by 0.3% month-over-month and 2.7% year-over-year, both within expectations; however, core CPI (excluding volatile food and energy prices) rose only 0.2% month-over-month, below the expected 0.3%—indicating a deceleration in inflation momentum. Looking at specific categories: housing increased by 0.4%, food by 0.7%, energy by 0.3%, while used car and truck prices actually declined.

What is the market betting on? The probability of the Federal Reserve cutting interest rates in April has risen to 42%, and expectations for a rate cut in June are becoming more solid. When rate cut expectations strengthen, risk assets tend to regain favor, and institutional funds start to position early. Bitcoin has thus regained the critical level of 93,000.

**Market Outlook**

In the short term, Bitcoin remains supported at 92,000, with resistance concentrated in the 94,000-95,000 range. A breakout above this could test 96,000. For Ethereum, the key level to watch is whether it can effectively break through 3,150.

Looking at a longer timeframe, this CPI data further solidifies the logic of a rate cut cycle, increasing the probability of upward volatility in the medium term. Those interested in participating might consider gradually building positions in Bitcoin within the 90,000-92,000 range, with a stop-loss set at 88,000.

**Risks Cannot Be Ignored**

Don’t get too optimistic too early; the Federal Reserve’s interest rate decision meeting on January 27-28 remains ahead—an important event. Also, keep an eye on ETF fund flows and regulatory developments, as these could trigger volatility. Leverage traders must control their risk exposure and avoid chasing high points unnecessarily.