#CPI数据 Tonight at 20:30 🇺🇸 CPI data will be released, so buckle up!
Previous value 2.40% Expected 2.70%
If the data meets or is below the expected 2.70%, it will be good for the market, Bitcoin may take the opportunity to attack new highs, $BTC could potentially reach 130,000, $ETH may target 3,100, and $SOL might also aim for 185.
However, if the CPI is higher than expected, the interest rate cut expectations will decrease, which may cause panic in the short term, leading to a market correction, likely around 11.5.
I believe that regardless of the angle, although the probability of the data being high is relatively large, it also means that the momentum for the Federal Reserve to cut interest rates will be suppressed. However, the market is no longer focused on what Powell will do, but rather what the next Federal Reserve will do, especially with Trump proposing that interest rates should be below 1%, which aligns more with the market's imagination.
Regardless of the outcome, we should manage our positions well at that time to avoid being buried!
