The April unadjusted year-on-year CPI data released in the evening, if the actual value exceeds expectations, will signal negative implications. High inflation pressure may boost the US dollar index, leading to selling pressure on dollar-pegged cryptocurrencies like Bitcoin.

Looking back at the Federal Reserve's aggressive interest rate hike cycle in 2022, when CPI was high, Bitcoin entered a downward channel and became more correlated with US stocks, especially tech stocks. This historical lesson is worth being cautious about. Under the current circumstances, the month-on-month CPI trend needs to be closely monitored. Market expectations may lean towards bearish, and Bitcoin may fall below the $100,000 mark today, becoming yet another historical footnote. $BTC $ETH #交易经验 #CPI数据来袭 #加密圆桌会议要点 #Strategy增持比特币 #贸易战缓和