Good data, good data! CPI came in way lower than the previous value, and the annual CPI rate hit its lowest since May last year. Finally, something to lift the mood a bit. Even though we can’t expect too much of a rebound from Bitcoin, at least the panic hasn’t intensified further, and that’s a good thing. U.S. stocks, with better liquidity, will probably react positively. After all, they’re the favorite child. The chances of a rate cut in March or April are pretty much off the table now. With the CPI data out, the probability of a rate cut in June is close to 50%. If a June rate cut really happens, then the speculation around it should start in March or April. If we get some positive news on crypto legislation or policies, that would boost sentiment, and naturally, that’s good for prices too.