๐บ๐ธ US CPI Data Release Today ๐โผ๏ธ
Today at 6:00 PM IST (8:30 AM ET), the July US Consumer Price Index (CPI) data will be released. This is a key economic indicator that could significantly impact the market.
What to Expect:
The market is anticipating volatility, with potential sharp moves in both directions. Traders should be prepared for sudden price swings across $BTC and the broader crypto market.
Our Advice:
* Stay Alert: Monitor the markets closely as the data is released.
* Manage Risk: Be mindful of your positions and consider using stop-losses to protect against unexpected volatility.
* Avoid Overtrading: It's often best to wait for the initial volatility to settle before making major moves.
Remember, patience and caution are key on days like this. Good luck to all traders! ๐๐
