Tonight at 20:30, the US CPI data will be released with significant impact, likely directly influencing the short-term direction of global risk assets and BTC.

Currently, the overall market sentiment is quite cautious, coupled with tense Middle East tensions and escalating US-Iran conflicts. Energy prices are showing signs of rising, and inflationary pressures are increasing accordingly.
From the current macroeconomic situation, the probability of a sharp decline in CPI this time is low; it is more likely to remain relatively strong. If the data exceeds expectations, the market will further reinforce expectations that the Federal Reserve will maintain high interest rates for longer, which could put additional pressure on risk assets, and the volatility in the night trading session is likely to be amplified.

A brief explanation of CPI:
CPI is the Consumer Price Index in the US, essentially indicating whether inflation is high or low. The level of inflation directly affects when the Federal Reserve will cut interest rates, making it one of the most critical macroeconomic data points influencing Bitcoin's short-term trend.

Key data for this release:
Previous: 2.4%
Market expectation: 2.4%

Three possible scenarios:
CPI > 2.4% (above expectations)
Higher inflation, increased expectations of high interest rates, likely to put downward pressure on BTC.

CPI = 2.4% (in line with expectations)
Market sentiment remains neutral, and the trend may initially fluctuate.

CPI < 2.4% (below expectations)
Inflation cools down, expectations of rate cuts increase, and BTC may have a chance to strengthen.

One sentence summary:
Before the data is released tonight, avoid heavy positions and reckless trading. Wait until the data is out and follow the market rhythm for more stable trading. #高盛成XRP现货ETF最大持有机构 #微策略再砸12.8亿美元增持BTC #原油价格回落 #黄金白银走高 $BTC $ETH $SOL