Today's market focus events:

1. 8:30, CPI data released: Given that the previous non-agricultural data exceeded expectations, this CPI data is likely to be bearish for the market.

2. At 2:00 a.m., the Federal Reserve's interest rate decision and economic forecast summary are released (FOMC meeting).

3. At 2:30 a.m. tomorrow night, Federal Reserve Chairman Powell will speak: If the data is strong, Powell may make hawkish remarks.

If the CPI data is good, the market may fluctuate upward.

So the CPI data will determine whether BTC will fall further.