$BTC Holds Above $62K as Markets Await CPI Data

Bitcoin is trading near **$62,800**, holding steady after last week's recovery from the $58,300 low. The market is now focused on the upcoming US CPI data scheduled for release today, which could be a major catalyst for the next directional move.

ETF Inflows: Spot Bitcoin ETFs recorded $143 million in inflows recently, providing support despite geopolitical headwinds

Exchange Balances: BTC supply on exchanges is near its lowest level since 2017, signaling stronger holder conviction

Key Resistance: **$64,000** remains the major hurdle; a break above could open the door to $65,500

Fear & Greed Index: Currently at 22 (Fear), still in extreme fear territory

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