Tonight at 8:30, the CPI data will be the death sentence for ETH!
Once this nuclear-level data is released, ETH may directly say goodbye to the 20s!
If the inflation data comes in unexpectedly low, with the annual rate falling below 2%, the Federal Reserve will definitely cut interest rates! A rate cut will give ETH rocket wings, with funds pouring in crazily. If the 2860 barrier is broken, 3000+ will be a direct hit! Prices starting with 2 may forever become history!
But if the data goes crazy and core CPI exceeds 2.9%, ETH will plummet! If the 2700-2750 range can hold, it will be considered a blessing!
Currently, ETH is wobbling around 2800, just a step away from the 2860 lifeline! The CPI data is the starting gun; if the news is good, 3000+ will race ahead; if the news is bad, the 2700 defense battle will begin! If you don’t keep a close watch on this wave, you will either double your investment or face liquidation!
If anyone feels confused due to market fluctuations and doesn't know how to deal with being stuck, or feels misled during the trading process, feel free to reach out for a discussion!
