As a core indicator for assessing inflation levels in the United States, the Consumer Price Index (CPI) data significantly impacts Bitcoin prices in the short term by influencing market expectations of the Federal Reserve's monetary policy.

When CPI data exceeds expectations, the market often worries that the Federal Reserve may continue its high interest rate policy or delay its rate cut plans. In this case, the US dollar usually strengthens, and market liquidity tends to tighten, which may lead to a short-term drop in Bitcoin prices.

On the contrary, if the CPI data is below market expectations, it may trigger expectations for interest rate cuts, thus weakening the attractiveness of the dollar while boosting investors' risk appetite. In this scenario, the price of Bitcoin may experience a short-term increase.

It is worth noting that this impact is often accompanied by the market behavior of "buying the expectation and selling the fact," making CPI data an important factor that triggers significant fluctuations in Bitcoin prices.

As an investor, understanding the complex relationship between CPI data and Bit price can help better predict and respond to short-term market fluctuations. However, it is important to emphasize that while CPI data may trigger short-term price volatility, the long-term value of Bit still depends on its fundamentals as a decentralized digital asset and the level of widespread adoption.

In addition, we should also pay attention to other macroeconomic indicators and policy changes that may affect the price of Bitcoin to gain a more comprehensive market insight. In the rapidly changing cryptocurrency market, it is crucial to stay vigilant and continue learning.