A new week begins! The CPI data is shaping up to be the most critical event this week! While CPI is the biggest variable, it’s not the only factor influencing Bitcoin’s price movement. US-Iran conflict: Trump mentioned that Iran has proactively sought negotiations, leading to oil prices pulling back from their highs and a slight recovery in risk sentiment. However, negotiations are fragile and could reverse at any moment—this is a variable the market hasn’t fully priced in yet. LTH capitulation: According to Glassnode data, prices have been below the realized market average ($76,600) for about five consecutive months. The proportion of LTH losses in the total realized losses across the network has risen from 15% to 43%. These folks are cutting losses at a rate of $280 million per day, creating structural selling pressure that won’t change because of CPI data. Oh, and don’t forget Walsh’s speech, which could also stir up the financial markets quite a bit. Ready and waiting—let’s see how it all unfolds! #Bitcoin #Crypto #CPI #MarketUpdate