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Tonight at 21:30, the US CPI data will be released, marking a key moment for the crypto market this week. Mainstream cryptocurrencies like BTC, ETH, SOL, and others are all waiting for the signal.
The market's reaction mainly depends on the number 2.7. If the CPI is below 2.7, it confirms a bullish signal, and the rate cut expectations will be re-priced. Asset bulls will quickly gain momentum, and the market may trigger an upward wave. If it exceeds 2.7, the situation reverses — the Fed's hawkish stance will be reinforced, and market pressure and correction risks will increase. If it exactly equals 2.7, it indicates a typical range-bound pattern, with bulls and bears stalemated, and a wait-and-see atmosphere dominating in the short term.
Such major data releases often amplify market volatility, with highs and lows decided within minutes. Therefore, avoiding risks reasonably, managing positions, and setting stop-losses are the top priorities moving forward. Keep an eye on the candlestick trends and be prepared for three scenarios.