The CPI data to be released next Tuesday should be the most important indicator.

This CPI will directly affect whether the Federal Reserve will cut interest rates. Of course, the reasons have been discussed many times: if inflation is low, the Federal Reserve may cut rates, the dollar will weaken, which is very favorable for cryptocurrencies, as there will be more money in the market.

In fact, there are basically two scenarios:

1. Data lower than expected (good news): This indicates that inflation is under control, and high-risk, highly volatile coins (such as $SOL ecosystem, RWA concept coins, and small layer two ecosystem tokens) will surge first.

2. If the data is about as expected, or slightly higher (bad news): Then the cryptocurrency market will likely drop initially, and then gradually stabilize.

Generally, the surge or drop right after the data is released is often caused by algorithmic trading and bots, and can easily be a false move. The real trend usually appears 30 to 90 minutes later, once the movements of US Treasuries and the dollar become clear.

If the data is good, but the dollar strengthens and Treasury yields rise, it indicates that there are other negative factors in the market, and it is necessary to cut losses quickly. #比特币流动性危机 #ETH巨鲸增持