📢 Tonight's CPI is coming in strong, beware of the 'Painting Door Market'!
📅 Key Time: Tonight (Beijing 9:30 PM)
📈 Expected Data:
CPI Year-on-Year: 2.7%
CPI Month-on-Month: 0.3%
Core CPI: 0.3%
Market Interpretation
Higher than Expected: Significant inflation pressure may negatively impact the market, increasing the risk of a correction in the crypto market.
Lower than Expected: Slowing inflation may prompt the Federal Reserve to ease interest rate hikes, benefiting risk assets, with BTC potentially rebounding.
Beware of 'Painting Door Market'
Before and after the data release, the market may experience **'false breakout, real correction'**, leading to losses on both sides and extreme volatility.#市场回调抄底还是观望? #BTC☀