Crypto and stocks bounced after a surprisingly cool US inflation report, which is good news for buyers hoping for more upside.

• New CPI inflation came in at 3.5%, well below the expected 3.8-3.9% — a big drop that lifted stocks and crypto.
• Lower inflation means the Fed is less likely to keep raising interest rates, which makes money easier to borrow and pushes asset prices up.
• Bitcoin is holding support near $60,000 and just tagged the upside liquidity just under $65,000 — but that catalyst is now mostly used up.
• Ethereum is trying to confirm a breakout above $1,800, backing a fresh $200,000 leveraged long bet targeting just under $2,100.
• Solana is bouncing off $75-80 support, while XRP is lagging behind Bitcoin.

Outlook: Expect choppy, slightly-upward drifting price action in the coming weeks rather than a big rally, as long as stocks hold up.

## Bitcoin Levels

• **Bias:** Bullish longer-term (weekly bullish divergence confirming), choppy-to-slightly-up short-term
• **Support:** $60,000 (major); downside liquidity still at $61,000
• **Resistance:** $64,800-$65,000 (upside liquidity, now mostly grabbed)
• **Targets:** Slow drift up toward/just below $65,000 near-term; little liquidity above $65K
• **Invalidation:** A pullback into the $61,000 downside liquidity on bad news