U.S. CPI data is coming, the April CPI and annual interest rate are to be announced.
If the data exceeds expectations, it will be negative for the cryptocurrency market, as inflation cannot be controlled.
The Federal Reserve will not lower interest rates, high rates will remain, and the market will be hesitant to inject money, making it easy for cryptocurrency prices to be hit.
If the CPI is higher than expected, the short-term adjustment risk is significant. No matter how strong the market is, don't force it; wait to see the data before making any decisions. Tonight is a watershed moment; don't bet on luck, and manage your positions well.
Will share insights in advance, 🚗 comment 111
