Tonight's CPI data will determine whether ETH can completely bid farewell to the 2 era
The US May CPI data is about to ignite the market, with ETH standing at a critical turning point. If the inflation data is below expectations (annual rate drops below 2%), expectations for a Federal Reserve rate cut will rise, and funds will accelerate into ETH. Once the resistance level of 2860 is突破, 3000+ will become a new starting point, and the era of the 2s may come to a permanent end.
However, if the data is disappointing (core CPI exceeds 2.9%), the risk of a short-term correction will surge, and the support zone of 2700-2750 will be tested. Currently, ETH is consolidating around 2800, just a step away from breaking through—if tonight's data aligns, a bullish trend will be imminent.
A historic moment is at hand: will it firmly stabilize in the 3s, or return to the oscillation range? The answer will be revealed tonight.
