Tonight is the CPI, and there is also the Fed's interest rate meeting in the early morning, which is destined to be a sleepless night
1. At 8:30, the CPI data will be released. Given that the non-agricultural data this time has greatly exceeded expectations, this CPI is not optimistic
2. At 2:00 in the morning, the Federal Reserve will announce the interest rate decision and the summary of economic expectations (FOMC meeting)
3. Around 2:30 in the morning tomorrow night, Federal Reserve Chairman Powell will give a speech. If it is a tough data, it will force Powell, a famous hawk, to speak hawkish🦅
The June FOMC meeting will be one of the most critical meetings this year, because Powell will give the clearest hint so far on the timetable for interest rate cuts. If the CPI data is positive, there is a probability that it will fluctuate upward
So it still depends on CPI to determine whether BTC will fall again📉