US CPI Came In Hotter Than Expected Latest inflation data: 🔥 Headline CPI: +3.8% YoY (vs 3.7% expected) 🔥 Core CPI: +2.8% YoY (vs 2.7% expected) Inflation continues to stay elevated, making the Fed’s 2% target look increasingly difficult in the near term. 📉 Market Impact A hotter CPI print reduces the likelihood of near-term rate cuts. Higher interest rates for longer generally mean tighter liquidity conditions — something risk assets typically struggle with. That’s why equities and crypto often react negatively after stronger-than-expected inflation data. 🪙 Crypto Outlook Short-term: Pressure on BTC and altcoins could continue as traders move into risk-off mode. Bitcoin may revisit key support zones if selling accelerates. Medium-term: The bigger picture is more complex. Persistent inflation can strengthen the narrative for scarce assets like Bitcoin, especially as more investors compare BTC to digital gold. 🎯 Bitcoin Levels To Watch 🔻 Support Zones: • $80K • $76K • $72K 🔺 Resistance Zones: • $85K • $91K Initial volatility is expected. What matters most is whether buyers aggressively defend support levels after the first reaction. 💡 Strategy Thoughts • Long-term holders: avoid emotional decisions during high-volatility CPI reactions. • Swing traders: patience matters — the first market move after CPI is often noisy. • New entries: monitor price action around major support before jumping in. The next FOMC meeting on June 17–18 becomes even more important after this inflation print. Markets will likely focus heavily on Powell’s tone and forward guidance. Stay disciplined. Let price action confirm the next move. 🎯 Not financial advice. Always do your own research. #CPI #Bitcoin #Crypto #OKXOrbitTopics #USAprilCPITonight #TradeStocksOnOKX #WarshTakesFedChair#OKXPizzaDay #AltmanAdmitsLying