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Bitunix Analyst: US Inflation Data Politicization Concerns Rise, BTC Short-term Support Pressure Evident, Suggests Monitoring 112,000 Range

18 hours ago

August 6: President Trump dismissed the Commissioner of the BLS, which has raised concerns in the market regarding the politicization of inflation data. The $2.1 trillion TIPS market is highly dependent on the credibility of CPI data. If trust is undermined, it may become the first default point in the US Treasury market. TIPS have shown strong performance this year, indicating persistent high inflation expectations, and the market is closely focused on next week's CPI report. Short-term US Treasury bond yields have dropped significantly as investors anticipate the early rate cut by the Fed. In the cryptocurrency field, BTC's recent trend has been affected by macroeconomic uncertainty. 112,000 serves as the short-term support. If it breaks below this level, it could trigger a cascading liquidation, maintaining significant short-term pressure. Bitunix analyst's recommendation: The credibility of US inflation data is wavering, intensifying the market's risk-off sentiment. Short-term BTC is vulnerable to liquidity-driven liquidation. It is recommended that investors closely monitor the 112,000–113,000 support zone. If it is breached, strict risk management should be implemented. If the bearish impact of CPI data subsides, a rebound is likely. It is advisable to make flexible position adjustments and wait for a clear direction before increasing positions.
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