Tonight at 21:30, the US will release the December CPI inflation data, with market expectations at 2.7%. This figure will have a profound impact on the direction of crypto assets.

From the Federal Reserve's policy pace, there is basically no chance of interest rate cuts in January. However, there are two key windows before Powell's departure— the March and April FOMC meetings. If tonight's data meets or even falls below expectations, and inflation pressures continue to ease, there will still be an opportunity for a rate cut this year.

This directly determines subsequent market liquidity. If the data is below expectations? Expectations for rate cuts will rise, funds will loosen, and are very likely to flow into the crypto market, pushing up coin prices. Conversely, if the data exceeds expectations? The rate cut dream will be shattered, selling pressure will follow, and coin prices will come under pressure.

It can be said that these four numbers almost determine the market temperature for the near future. For friends paying attention to crypto trends, this tonight's data must be closely watched.