Just now, Fed spokesperson Nick Timiraos stated that the core CPI is expected to rise to 3.1% tomorrow night, which is higher than the current market expectation, causing a small panic in the market, with Bitcoin down 2% and Nasdaq futures turning flat.
I believe that the rise in inflation is a done deal, but it depends on whether you believe Trump; he may optimize some data. A core CPI of 3.1% is definitely a bit high, but if it comes in at 3.0%, in line with market expectations, then I think the impact will be minimal.
It is expected that the market will remain vigilant until the CPI data is released tomorrow night. Those who are aggressive might take advantage of the dip in the next couple of days to buy some ENA around 0.7 to 0.75, while for ETH, I will pay attention to the neckline around 4150 and the significant level of 4000.
No one can know the CPI results in advance, but the market expectations shown in the chart can be referenced. I hope everything goes smoothly tomorrow~