Cryptocurrencies traded largely sideways in Asian pre-market hours, with Bitcoin holding above $122,000 and Ethereum remaining flat. Market participants stayed cautious ahead of the U.S. CPI release, which could influence Federal Reserve rate expectations and near-term digital asset volatility. Analysts noted that trading volumes have thinned as investors balance macro risk with steady institutional inflows, keeping sentiment stable across major crypto pairs despite tightening global liquidity conditions.