#密码资产动态追踪 $DASH $ZEN $XRP

December US CPI release tonight, the market is holding its breath.

Consensus forecasts suggest a month-over-month increase of possibly 0.3%, which is undoubtedly a blow to the easing sentiment. How many people were still celebrating at the beginning of the year, thinking "rate cuts are coming"? Now it's time to wake up — inflation, this roadblock, has not fallen yet.

The expected data range is stuck between 0.2% and 0.4%, with a painfully small fluctuation space. What's the key? Service sector prices are stubbornly high, and housing costs are an unmovable wall. Core CPI year-over-year remains at a high of 2.7%, giving the Fed hawks plenty to say.

Look at the data from CME FedWatch — market expectations for rate cuts before June have fallen to less than 30%. The traders' mindset can be read from this number.

What if tonight's data really hits 0.3% or higher? The script will need to be rewritten. The US dollar is likely to strengthen, and cryptocurrencies and other risk assets may come under collective pressure. The previously planned rate cut timetable for 2026 will have to be pushed back.

This is the first major test of the new year. Market volatility could happen in the next second. Caution is advised.