Here it comes! The US CPI inflation data is here. Is this good news or bad news? Everyone, take a look at the chart.

This time, the CPI is below expectations, which is good news! However, the core CPI is above expectations, which is bad news! The good and bad news offset each other, resulting in a minor impact.

How to determine whether the CPI is good or bad news? A CPI above expectations is bad news, while a CPI below expectations is good news. If it meets expectations, the impact is not significant. However, Bitcoin had already declined in advance, so this time the possibility of bad news may not be that great.