Bitcoin 
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Lido Staked Ether 
Figure Heloc 
Prior +1.9%; revised to +2.0%Core CPI +2.2% vs +2.3% y/y expectedPrior +2.3%The headline reading meets estimates with core annual inflation easing slightly in January. That being said, just be wary that Eurostat has introduced some methodological changes to the inflation estimates as of this report, as seen here. Overall, the changes in the four main special aggregates
(food, alcohol & tobacco, energy, non-energy industrial goods, and services) are quite negligible. To be more specific, they range from
-0.04% to +0.02%.The good news at least is that services inflation is seen easing slightly from 3.4% in December to 3.2% in January. However, food price inflation remains elevated at 2.7% – compared to 2.5% last month.At around the same time, we’re getting the Italian preliminary CPI estimate for January as well. The data as per the following:CPI +1.0% vs +1.0% y/y expectedPrior +1.2%HICP +1.0% vs +0.9% y/y expectedPrior +1.2%
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
Core CPI easing to 2.2% is a mixed bag for traders right now. While it meets expectations, the slight drop could signal a cooling inflation trend, which might influence the Fed’s next moves. Traders should keep an eye on how this affects ETH, currently at $2,226.36, especially as inflation data can sway risk appetite in crypto markets. If inflation continues to ease, we could see a shift in sentiment, potentially pushing ETH higher. However, the methodological changes by Eurostat could introduce volatility or confusion in the data interpretation. Watch for ETH to hold above key support levels around $2,200; a break below could trigger further selling pressure. Conversely, if it holds, it might attract buyers looking for a rebound. Here’s the thing: while the core CPI data looks favorable, don’t ignore the potential for market overreactions. Keep an eye on broader economic indicators and how they correlate with crypto movements, especially in the coming weeks as more data rolls in.
📮 Takeaway
Monitor ETH’s support at $2,200; a hold above could signal bullish momentum, while a drop below may lead to further declines.
