Tonight there will be extremely important news for the market affecting the final interest rate decision for the year 2024 - CPI.
The announcement time is at 8:30 PM as usual.
Currently, #CPI (YoY - November):
- October: 2.6%
- Forecast: 2.7%
- Actual: ....
Right before the news, the price dumped sharply killing longs first and is now swirling around the $96,000 mark.
There is a possibility that tonight's news will sweep and kill longs again before recovering. Do you have any comments?