Asia Morning Briefing: BTC, ETH Markets Steady as Traders Await CPI and China-U.S. De-Escalation Signs

💡 DMK Insight

Investors are holding back as uncertainty looms over the U.S. shutdown and China’s export controls. With the CPI report coming this Friday, traders are likely recalibrating their strategies. The current market environment is characterized by indecision, which often leads to range-bound trading. If inflation data comes in hotter than expected, we could see a shift in sentiment, potentially pushing assets like BTC and ETH out of their current ranges. Conversely, a lower CPI could provide a much-needed boost to risk assets. Keep an eye on key levels—if BTC can break above its recent resistance, it might signal a bullish trend. But here’s the flip side: if the CPI report disappoints, we could see a sharp pullback. The market’s reaction to these macroeconomic indicators will be crucial, especially with the added pressure from geopolitical factors like China’s export policies. Watch for volatility spikes as traders react to the data release on Friday.