Tonight's CPI will ignite the world! Is the cryptocurrency market taking off or diving? Retail investors, quickly check the survival guide!

Brothers, pay attention! The market is going to do something tonight! The U.S. October CPI data will be announced at 21:30, and this is a barometer for the Federal Reserve's interest rate hikes, causing global assets to tremble—Bitcoin and Ethereum are no exceptions!

Why is CPI so important?

Simply put, if CPI rises, the Federal Reserve may continue to raise interest rates, the dollar strengthens, and funds are likely to flow out of risk assets (like cryptocurrencies); if CPI falls, expectations for rate hikes cool down, and funds may flow back, providing an opportunity for the crypto market to rebound! Tonight's data will directly determine whether the market is having a “party” or in “ICU rescue”.

How does it relate to the cryptocurrency market?

Historically, when CPI exceeds expectations → U.S. stocks fall → Bitcoin follows down (for example, last June's CPI skyrocketed, BTC dropped 8% in a single day); when CPI is below expectations → U.S. stocks soar → Bitcoin follows up (for example, this July's data was mild, BTC rose 10% in a single week). Additionally, EIA crude oil inventory and Federal Reserve officials' speeches may also amplify volatility, so don’t just focus on CPI!

For example, my buddy “Crypto Whirlwind” was waiting on the sidelines before last month's CPI, and after the data was released, when it plummeted, he bought the dip on SOL, earning 20% in three days—patience is the key!

Want to know if I will buy the dip tonight? Follow me for immediate action after the data!

Opportunities are fleeting, adjustments are imminent, buy the dip for spot trading, and the profits from altcoins are waiting for you! Doubling is not a dream, click on the avatar to follow the key, and join the bull market feast! #CPI数据