This Week's Major Data Warning 🚨
Buddies, hold on tight! Today (Beijing time 20:30) the US April CPI will be announced!
Current Data Panel:
Expected Value 2.4% vs Previous Value 2.4%
Three Scenarios Preview: 💅
1️⃣ CPI > 2.4% → Bearish Warning
Given that the last CPI data was below expectations, this will be bearish for the market in the short term.
2️⃣ CPI = 2.4% → Take Off from the Same Spot
Meeting expectations is the best surprise! The market will rise because the overall market momentum is bullish.
3️⃣ CPI < 2.4% → Let’s Set Off Fireworks!
The scenario I’m most looking forward to! Interest rate cut expectations will soar, which is the best case and will boost BTC and altcoins.
Key Takeaway:
The last CPI didn’t meet expectations; if it disappoints again this time, Uncle Powell won’t be able to hold off the interest rate cut button anymore～
Buddies, what do you think this data will be like? Come to the comments section and chat about it～
