📊 Wolf Analysis | 2026.04.10

Market Description
24h Price Change
BTC $72,214 (+1.55%) 🟢
ETH $2,217 (+1.63%) 🟢
SOL $83.63 (+2.02%) 🟢
BNB $602 (+0.12%) 🟢

CPI came in below expectations, driving a market rebound; SOL led with gains of more than 2%.

1h Trend: BTC surged strongly from $71,910 to $72,214; trading volume expanded from 560 BTC to 780 BTC, confirming an uptrend with increased volume. ETH rose from $2,197 to $2,217, with volume reaching 20.6K. SOL moved from $83.31 to $83.63; BNB from $600.71 to $603.49. The 1-hour setup shows a “bearish pressure exhausted → buyers step in” structure, with bulls holding the upper hand.

15m Trend: BTC traded in an extremely tight range of $72,214–$72,262, with volume shrinking to 31.3 BTC (below the previous candle). ETH consolidated at $2,217–$2,223. SOL moved within a very narrow band of $83.63–$83.74. BNB $602.88–$603.50. After the first round of volatility following the CPI release, the market entered a new phase of sideways consolidation.

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Market Drivers

① CPI below expectations: March YoY +2.9% (forecast +3.0%)
US CPI data: Overall CPI YoY +2.9% (below the forecast +3.0%), core CPI +3.1% (below the forecast +3.2%). Inflation pressure eased, and rate-cut expectations slightly heated up. Gold rose 0.2% in the short term to $4,773, and risk assets rebounded in sync.

② Trump’s Iran policy pushes last month’s inflation to triple
CNN: Trump’s policy toward Iran caused US inflation in March to triple. The costs of geopolitical policy are starting to show up in macro data; the market begins pricing in the possibility that “inflation + geopolitical” dual pressures may ease.

③ Negotiation news continues to boost market sentiment
Barrons feature: Peace talks are lifting BTC and XRP prices, and market risk appetite is recovering. Vance said Trump provided “fairly clear guidelines” for the negotiations. The Washington Post: Trump is still furious that Iran controls the Strait of Hormuz ahead of the talks. Overall signals point to negotiations still progressing.

④ Gold $4,773 hits a new high; inflation-hedge support continues
Reuters: After CPI data, spot gold rose to $4,773/oz and set a new all-time high. BTC and gold moved higher in tandem, supporting the “digital gold” narrative.

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⚠️ Risk Warning

• CPI recorded 2.6% below expectations, but the absolute figure is still high; the Fed’s rate-cut path remains unclear
• The outcome of geopolitical talks has not yet materialized; the Hormuz stalemate could break at any time
• BTC $72,700 is near-term resistance—only a breakout with volume can sustain the rebound
• BNB is relatively weak, with clear pressure in the $604–$606 range
• Position management comes first; do not chase longs excessively