The US December CPI data was released on January 13th, with an overall year-over-year increase of 2.7% (within the expected range of 2.7%-2.8%), and core CPI rose by 2.6% year-over-year. The month-over-month figures were moderate (overall +0.3%, core +0.2%). This result indicates that inflation, while still sticky, has not exceeded market expectations. The probability of the Federal Reserve maintaining interest rates in January is quite high, and the door to rate cuts has not been completely closed.

From the crypto perspective, this CPI data is generally mildly positive, leaning towards a neutral to slightly positive outlook. No bad surprises mean the US dollar is likely to face short-term pressure, and risk asset preferences are expected to increase accordingly. Bitcoin, as the "digital gold" narrative remains solid. Based on historical experience, CPI figures that meet or slightly below expectations often trigger short-term rebounds or sideways movements followed by upward trends.

As of tonight around 21:40-22:00 Hong Kong time, Bitcoin is fluctuating between $91,000 and $92,500. Some data shows slight volatility near $92,000, and there are no signs of a major crash or explosive sell-off. The total crypto market capitalization remains stable, with no signs of panic selling. If Bitcoin can hold the $90k-$92k support and break through the $94k threshold, reaching $97k-$100k is not a dream; conversely, if it falls below $90k or retests $88k-$89k, such adjustments during a bull market are unlikely to turn into a long-term bear trend.

Ultimately, this CPI report is not bad; in fact, it is better than the worst expectations. For holders, it’s an opportunity to continue holding or add to positions. However, remember that high volatility is normal, and subsequent market movements will also depend on the opening of US stocks and other macro factors (such as tariff policies, regulatory developments, etc.).