Last night, the US stock market rose quite happily, but Bitcoin and Ethereum completely disregarded it, stubbornly remaining still and even dipping downwards.
Bitcoin and Ethereum shouldn't rush to act during the day today; the key focus is on the CPI data at 8:30 PM. If the data is good, expectations for interest rate cuts will rise, and the market will take off directly.
If the data disappoints, it might just dip a bit before bouncing back immediately, as the market is currently firmly believing that there will definitely be a rate cut in July.
I estimate that even if the data is bad, it will only be a false alarm. If the data is strong, it must skyrocket directly! Get your bullets ready; there might be a big feast tonight, but remember not to get too excited and go all in; take it steady!
