The US CPI report will be released tonight at 9:30 PM, and this is a five-star data bomb. The entire market is watching the 2.7% level closely.

If the CPI drops below 2.7%, it will be a clear bullish signal—expectations for rate cuts will be fully priced in, bullish assets will rally across the board, and various cryptocurrencies will gain popularity.

Conversely, if the CPI exceeds 2.7%, the situation becomes tricky. The Federal Reserve's hawkish stance will strengthen, the market will face adjustment pressure, and the crypto space will also come under pressure.

However, it could also stay stuck around the 2.7% level, which would be a typical stalemate between bulls and bears. The market is likely to oscillate within a range, and the safest approach at this point is to stay on the sidelines.

Key reminder: Data releases will inevitably cause volatility, and risk control should always come first. During this time window, cautious trading is more important than chasing profits. The future direction of Bitcoin largely depends on how this CPI data performs.