Analysis: Influenced by U.S. CPI data and geopolitical risks, Bitcoin remains volatile at high levels, with strong ETF net inflows

Deep Tide TechFlow News, April 10th, according to The Block, Bitcoin continued to fluctuate at high levels this week, with prices staying above $72,000, influenced by Middle East tensions and US CPI inflation data. Spot Bitcoin ETFs recorded a net inflow of $358 million on April 9th, with Ethereum funds adding approximately $85 million. Analysts point out that although the risk premium has decreased due to the ceasefire in the Middle East, the market has not yet returned to normal, with oil prices, interest rates, and cryptocurrencies remaining closely linked. March CPI increased by 3.3% year-over-year, slightly below expectations, with rising energy costs being the main driver. Institutional investors remain cautious about risks, and the options market indicates that summer volatility may stabilize. The current Bitcoin trend is driven by macroeconomic and geopolitical factors, with traders awaiting more data to determine the next direction.