CPI lands! BTC stabilizes at 72k, and interest rate cut expectations cool down completely?

In March, the CPI year-on-year was 3.3%, and month-on-month was 0.9%, in line with market expectations. The rise was mainly driven by the escalation of Middle East tensions pushing up energy and oil prices.
After the data was released, Bitcoin fluctuated and strengthened, stabilizing at the 72k level, without significant volatility. However, geopolitical conflicts combined with soaring oil prices have significantly delayed the Fed's interest rate cut expectations. The probability of short-term interest rates remaining unchanged is very high, and macroeconomic pressures still exist.
The subsequent market trend will mainly be range-bound fluctuations. It is recommended to observe more and act less, waiting for the trend to become clear before making strategic moves. #Gate广场四月发帖挑战