On a macro level, positive signals continue to emerge. The latest US CPI data shows a stable and slightly soft trend, with core CPI below expectations, significantly boosting market expectations for the Federal Reserve to continue cutting interest rates in 2026. The increased rate cut expectations are likely to enhance liquidity, leading to a rebound in risk assets overall. Bitcoin, as a "high beta" asset, reacts most intensely and has become the focal point of capital chasing opportunities.

In the short term, over the past few days, hundreds of millions of dollars in short positions have been liquidated, especially above 95k, creating a "long squeeze" effect, with prices being violently pushed higher. Many traders chased shorts below 94k and suffered heavy losses. The market is both brutal and full of opportunities.
$BNB $BTC $SOL
From a technical perspective, Bitcoin quickly moved out of the oversold zone since early January, breaking through the important resistance zone of 91k - 94k. Market sentiment rapidly shifted to greed, with short-term momentum remaining strong.
However, the crypto market is highly volatile, and the subsequent trend still requires close attention to macro data and policy changes. If you find this analysis useful, please follow, bookmark, like, and share your thoughts in the comments!