Tonight at 20:30, US CPI data is coming, are you ready?
Market Focus:
Nick Timiraos, known as the 'Fed's mouthpiece', has stated that the core CPI may rise to 3.1%, higher than current market expectations, instantly igniting discussion.
Possible Market Reactions:
1. CPI exceeds expectations: Increased inflation pressure → Rising interest rate expectations → Funds flow into low-risk assets → Outflow of funds from the cryptocurrency market, putting pressure on prices.
2. CPI below expectations: Easing inflation pressure → Rising expectations for rate cuts → Abundant funds, rising risk appetite → The cryptocurrency market may see inflows, pushing prices higher.
Tonight's market may just be a data needle, determining the direction of trends for some time to come #比特币 $BTC