Bitunix Analyst: U.S. August PPI Falls Unexpectedly; Market Focus Turns to CPI and Fed’s Rate Path

BlockBeats News, On September 11, the U.S. Bureau of Labor Statistics reported August PPI fell by 0.1% MoM (vs. +0.3% expected), with YoY slowing to 2.6% (from 3.1%). The data suggests firms may be absorbing part of the tariff-driven cost burden. Later today, the August CPI report is due, with consensus calling for headline inflation at 2.9% YoY and core at 3.1%. With labor market data revised sharply lower and signs of economic slowdown emerging, CPI will be the last key release before the September Fed meeting, shaping expectations for the pace of rate cuts.

Institutions warn tariffs and food costs may continue to pressure prices, while services inflation shows signs of a rebound. If CPI surprises to the upside, markets may reassess the scope for future rate cuts and even raise stagflation concerns.

Technically, BTC faces heavy resistance near $114,000, where liquidation clusters are concentrated. A favorable CPI print could trigger a breakout, fueling short covering toward the $115,000 liquidity zone. Conversely, if CPI comes in hot, pushing USD higher and delaying rate-cut expectations, BTC may test support at $111,000, with further downside toward $108,500–$109,000.

Bitunix Analyst』s View:With PPI easing but CPI risks still skewed higher, traders should reduce exposure ahead of the release and closely monitor BTC』s $114K resistance and $111K support to manage potential volatility.