Tonight at 20:30, the US June CPI data will be officially released, and the market nerves are already highly tense.

This data is not just a verification of "inflation expectations", but could become a key trigger for a change in market direction.

Currently, the overall market is relatively weak and fluctuating, with BTC under pressure due to news disturbances, and ETH forming strong resistance in the 2990-3000 range, making it difficult to break through in the short term. However, the bottom support remains solid, and the market hasn't completely deteriorated.

The fluctuations before the data release actually indicate that the main players are positioning themselves.

If the CPI is slightly higher than expected tonight, the short-term may see a decline first. However, considering that negative expectations have been released in advance, the market is likely to "drop first and rise later" in a reverse rally.

Key points to watch:

ETH 2950-2979 range is a key support level; holding this level has rebound potential;

Aggressive traders can place orders in the 2930-2950 range to try and catch the point;

In terms of altcoins, keep a close eye on: $TAO , $SUI , which may leverage data fluctuations to achieve low-level switching.

A storm is about to come, and the direction may become clear tonight! #CPI数据来袭