In a few hours, the inflation report known as CPI will be released, and it will certainly have a direct impact on market movements, especially in crypto and stocks.
If the core inflation rate comes in at 2.8, that will be very positive for crypto.
If it comes in at 2.9 or 3, the impact will be neutral, neither positive nor negative.
If it comes in at more than 3, the impact will be negative. In my opinion, as long as the market is currently stable and moving sideways, I expect either a neutral or positive impact because we know that the chart precedes the news.
