The US September CPI data is about to be released, and the market is eagerly watching! The overall CPI is expected to rise slightly by 0.1% month-on-month, and the core CPI will rise by 0.2%.
In terms of year-on-year growth, the overall CPI will drop from 2.5% in August to 2.3%, while the core CPI will remain stable at 3.2%.
Investors, what impact will this data have on the market?
Bitcoin market analysis: Although it has pulled back, the market is still full of tension!
At the end of September, Bitcoin fell from about $66,000 to a low of $60,000 on October 3, and then fluctuated narrowly in the range of $62,000 to $63,000.
However, in the early hours of today (10th), Bitcoin fell again and fell below the $61,000 mark.
Despite the recent downward fluctuations, the pullback this time was relatively small, in line with the historical bull market pattern, showing the strong resilience of the market.
The current market structure is similar to the past bull market, indicating that demand remains stable and the pullback is limited.
