Tonight at 8:30, the important #CPI数据 data will be released! 📊

Recently, the market has been continuously fluctuating, with #BTC undergoing a correction. Everyone is actually waiting for this data—after all, it is closely related to the Federal Reserve's interest rate cuts. The pace and magnitude of the rate cuts directly affect the market's nerves and direction.

Currently, the market generally believes that a rate cut in September is almost a done deal, with the focus of debate being on how much: is it an aggressive 50 basis points, or a more conservative 25 basis points? If it is indeed 50 basis points, this would definitely be a “shot in the arm” for the crypto market 💉, and Bitcoin breaking through 10,000 points would be no dream!

As long as the CPI doesn’t reveal a “black swan” event, the probability of Bitcoin hitting a new high this week is very high. The bullish momentum is strong, and the flow of capital supports the upward trend, clearly favoring the bulls.

Tonight, once the CPI data is out, let’s witness the market's upheaval together! 🌪️ Are you ready?