#数字资产市场动态 Recently, Bitcoin's trend has finally given long traders a sigh of relief. On January 13th, the US CPI data was released, showing core inflation dropping to 2.6%, a figure lower than market expectations. On that day, BTC started soaring from $93,500 and continued upward, even reaching $96,495 intraday on the 14th.

Is this just a coincidence? Actually, no. Behind this rally is a combination of macroeconomic improvements and technical resonance — weak inflation data has strengthened expectations of rate cuts, attracting hot money into risk assets. The story of Bitcoin as "digital gold" has been revived.

The technical analysis is even clearer. $BTC's 4-hour and daily MACD indicators have turned bullish, with RSI reaching 67.84 and 64.16 respectively, showing strength but not yet overbought. Crucially, on January 13th, net outflows from exchanges totaled 6,212 BTC — what does this indicate? It suggests traders are withdrawing coins from exchanges to hold privately, a classic bullish signal. Additionally, on that day, ETF net inflows alone amounted to $627 million, with institutions and retail investors rarely aligned so closely. Market leverage remains near historic lows, implying a more solid upward move that is less likely to collapse due to forced liquidations.

But we must stay alert. The daily price of BTC is still below the 200-day moving average, and the $106,050 level hasn't been broken yet, so the long-term confidence isn't fully established. The $95,000 level is critical — serving as both resistance and support. If Bitcoin can hold steady here and break above $96,000, it could potentially head straight for $100,000. Conversely, if macro data surprises or policy shifts occur, a pullback to the $88,000–$90,000 range wouldn't be surprising. So, while the short-term looks promising, the medium-term still requires close monitoring of the Federal Reserve's actual actions and global liquidity changes.