#Crypto Market Rebound# & #Gate Square Mid Autumn Creator Incentive#
🌕August CPI came in at 2.9%, right in line with expectations and the crypto market instantly rebounded.
Bitcoin spiked to $116K, Ethereum reclaimed $4,500, and SOL powered up to$230.
The big question now: Is this just a CPI-driven bounce, or the start of a major new bull run? 👀
Market Outlook
BTC → Broke $110K, but must hold above $115K to sustain momentum.
ETH → At $4,500; if it holds $4,400 support, $4,800 is next resistance.
SOL → Strong breakout at $230; staying above $220 opens the path to $260.
My View
Short-Term: Ex
🌕August CPI came in at 2.9%, right in line with expectations and the crypto market instantly rebounded.
Bitcoin spiked to $116K, Ethereum reclaimed $4,500, and SOL powered up to$230.
The big question now: Is this just a CPI-driven bounce, or the start of a major new bull run? 👀
Market Outlook
BTC → Broke $110K, but must hold above $115K to sustain momentum.
ETH → At $4,500; if it holds $4,400 support, $4,800 is next resistance.
SOL → Strong breakout at $230; staying above $220 opens the path to $260.
My View
Short-Term: Ex