#美国消费者物价指数发布在即 Bitcoin's rally today is not coming out of nowhere; three forces are working together behind the scenes.



First, let's talk about the economic support. The US December CPI year-over-year increase was 2.7%, perfectly in line with market expectations, and it remained unchanged month-over-month. This is considered the "most moderate" inflation data at present. First, it confirms that inflation is still within controllable range, so the Federal Reserve doesn't need to consider raising interest rates for now; second, it alleviates concerns about slipping into deflation. After the data was released, the probability of the Fed holding steady in January shot up to 97%, and expectations of easing continued to stabilize, making risk assets like BTC naturally more attractive.

But what truly ignited the market was a breaking news story — Powell being criminally investigated by federal prosecutors, with a subpoena issued by the Department of Justice. Once the news broke, the market began to worry about the stability of the traditional financial system, especially whether Fed decisions might be influenced by political factors. At this point, Bitcoin's advantage became evident: it is not directly controlled by any country or institution and has inherent strong resistance to censorship. Safe-haven funds immediately flooded into BTC, becoming a key factor in pushing up the price.

Next, let's look at the coordination of capital and technical factors. Previously, Bitcoin ETFs experienced continuous net outflows, but as the market stabilized and popularity recovered, capital pressure significantly eased, and there are even signs of funds flowing back. Meanwhile, after BTC fluctuated in the range of $90,500-$91,200 for several days, the support level has become quite solid, and buying interest has remained strong. Taking advantage of these dual positive factors, the price surged past the short-term resistance of $92,000, fully locking in a bullish pattern and attracting a new wave of followers.

When multiple factors act simultaneously, it often marks a market turning point. $BTC $ETH
BTC4,96%
ETH6,92%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
TestnetNomadvip
· 14h ago
The investigation into Powell has made the market nervous, but it has ironically given the crypto space a breather.
View OriginalReply0
CounterIndicatorvip
· 14h ago
The Powell investigation is way more explosive than the CPI data itself. The market is really afraid of political interference.
View OriginalReply0
MEVictimvip
· 15h ago
The Powell investigation really outshines any CPI data, directly driving safe-haven funds into BTC.
View OriginalReply0
GasGuruvip
· 15h ago
The investigation into Powell is really a black swan event. No wonder safe-haven funds are flowing into BTC. Still, we have to believe in the old saying: decentralization is the way to change the world.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)