$BTC DXY has successfully tested the trendline we discussed yesterday, which supports a short-term pullback in the crypto market and a degree of correction in the stock market. The US dollar still heavily depends on the dynamics in the Middle East, but from a technical analysis perspective, it appears likely to test the 100 region again. Today at 8:30 AM Eastern Time, we will release the CPI inflation data, which will also influence the dollar and asset markets.

The headline CPI is expected to be 2.4%, with core CPI at 2.5%, both unchanged from last month, indicating no change in inflation growth. Generally, higher inflation numbers are favorable for the dollar; in this case, they suggest that inflation has been rising before oil prices started to increase, as today's data only reflect last month's prices. This means that next month, considering current oil prices, higher inflation may be expected