BitUnix analyst: Inflation rises+geopolitical risks increase, BTC falls back

BlockBeats reported that on July 15th, Trump expressed "disappointment" towards Putin in a BBC interview and warned Russia that if a ceasefire agreement cannot be reached within 50 days, a new round of tariffs will be implemented. The US has also expanded its military aid to Ukraine, raising the risk of escalating the Russia Ukraine conflict and leading to increased global geopolitical uncertainty. On the same day, US June CPI scholars estimated a monthly increase of 0.3%, driven by the rebound in oil prices and tariffs. The core CPI has also risen, and the market's expectations for the Federal Reserve to cut interest rates in the short term have cooled down. According to CME data, the probability of a rate cut in September has dropped to 60%. In terms of the cryptocurrency market, BTC has fallen from its high point of 123300 to its low point of 116227. Pay attention to whether the current price can regain upward momentum. BitUnix analysts suggest: BTC has completed short-term liquidation after consecutive breakthroughs, and it is recommended to pay attention to whether it can maintain the current short-term support of 117000-116300. If it falls below or further tests the support of 110500. Under macroeconomic pressure and fluctuating news, we should operate conservatively, wait for a better entry point, and pay attention to the later CPI data or its impact on market sentiment.