QCP: Inflation Data Releases Pile Up—BTC May Remain Range-Bound in the Short Term

According to QCP analysis, this week features a dense schedule of macroeconomic events, with market attention focused on three key themes: First, President Trump and President Xi Jinping are scheduled to meet in Beijing this week, with discussions expected to cover tariffs, the rare-earth supply chain, and the Middle East situation; markets are watching closely to see whether substantive progress can be achieved on trade. Second, April’s CPI, PPI, and retail sales data will be released sequentially; if inflation stabilizes, real yields may decline—historically providing support for the crypto market—whereas the opposite would reinforce expectations of monetary tightening. Third, the U.S. Senate Banking Committee will hold hearings on the CLARITY Act; legislative progress could further catalyze institutional capital inflows. Currently, despite ETF outflows last week, BTC has held the $80,000 level, while crypto volatility remains near its lowest point of the year, with the VIX at approximately 18. In the short term, BTC is highly likely to remain range-bound, with $84,000 serving as a key resistance level.