How do you view CPI data and price behavior?
I think it is still the emotions that are at work. CPI proves that the "repeated inflation" that the market is worried about is not continuous and is likely to start cooling down again.
Recently, the long-suppressed emotions finally took this opportunity to explode, and the mentality of traders gradually changed from "I've had enough!" to "Go!"
In conclusion, the emotions are positive, but the liquidity level is still far behind. Further data support is still needed to truly get out of the bullish trend.
