Macroeconomic Data

This week is crucial at the macroeconomic level, with several key inflation data releases on the horizon that will impact expectations for the next interest rate cut.

Data to be released on Wednesday at 9:30 includes: CPI

On Thursday at 9:30: PPI

Tonight's CPI data release is undoubtedly the market's focus, and many are already speculating on how Bitcoin will react. Personally, I remain optimistic; the logic is still the same as last Friday's non-farm payroll report. Currently, inflation expectations are rising, and even if the inflation data sees a slight increase, it will not affect the Fed's expectations for a rate cut in December.

A continuous 72-hour decline is rare in history, so the possibility of a short-term rebound remains high, and a market recovery is inevitable!

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