This morning, the two US candidates debated and did not mention the crypto market at all. Trump was slightly weak in the debate, causing the bitcoin price to fall slightly again near the 56,000 support level, clearing the northbound army again! Overall, the news is still more positive, which increases market sentiment to a certain extent.
The Federal Reserve will release CPI data at 20:30 later, and the current expectation is 2.6%, and the previous value is 2.9%.
If the actual data meets or is lower than expected, it will be good for the market, which will lead to reduced inflationary pressure and an increase in the probability of a 50 basis point interest rate cut, which also implies a recession and a hard landing of the economy; if it is higher than expected, it will trigger an increase in inflation. In this case, the probability of a 25 basis point interest rate cut on the 19th will continue to increase, and the market will also usher in fluctuations at that time, so just do a good job of position management.
