What You Need to Know:

• Bitcoin traders are preparing for possible losses ahead of U.S. inflation figures that may reveal the effects of trade tariffs on consumer prices.
• The consumer price index (CPI) is projected to show a yearly increase of 2.8% in July, along with a monthly rise of 0.2%.
• An unexpectedly high CPI could diminish expectations for Federal Reserve rate cuts and affect risk assets like Bitcoin.

During this period, traders are notably adjusting their strategies, as demand for $115,000–$118,000 BTC put options is increasing, reflecting concerns over possible price declines. As QCP Capital states, “In anticipation, some traders are hedging event risk.” This highlights a proactive approach to potential price swings as inflation data is released.