An interesting detail from the last few days: even a neutral CPI couldn’t pull $BTC out of the range.
Volumes remain restrained, the reaction to macro data is weak, and the big players clearly aren’t in a hurry.
This suggests that the market is currently driven more by overall risk appetite and the regulatory backdrop, rather than a single inflation figure.
While $BTC trades below $65k and doesn’t establish above that level, it’s too early to talk about a structural change.
In this kind of market, monitoring key levels and selecting the stronger alts works better than making aggressive directional bets.
Who sees what in this picture?
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