#CreatorPad 🚀 IMPORTANT: CPI DATA DROPS TONIGHT – KEY STRATEGIES TO FOLLOW!

The US Consumer Price Index (CPI) is set to release tonight, with expectations at +2.8% year-over-year and +0.2% month-over-month. Here’s what could happen:

If CPI is High (≥2.9%):

The Fed might postpone cutting interest rates

Bitcoin (BTC) could pull back to around $115k-$118k

A good chance to accumulate for long-term investors

If CPI is Low (≤2.7%):

Greater possibility of a rate cut in September

BTC might surge to $125k-$130k

Altcoins likely to move up too

If CPI is Neutral (around 2.8%):

BTC may trade sideways between $118k and $122k

Expect significant volatility no matter what

Technical Overview:

Strong support at $118k

Resistance around $122k

Trading volume has increased 35% above average