Is the cryptocurrency market going to turn around tonight? The CPI will be released at 9:30 p.m. The market is generally pessimistic at present, and the CPI is expected to grow to 2.7%. If it meets expectations, there will be no negative impact, and if the result is lower than expected, it will be a big boost to the cryptocurrency market. And do you know? Bitcoin has fallen into this bearish state in the past two days, but Wall Street ETFs are still adding positions. They obviously regard these declines as an opportunity to buy at the bottom rather than escape at the top. So don't misjudge the current market. This plunge is just to clear a wave of leverage, and the consolidation will continue to rise. And the cryptocurrency market does have reasons to rise recently, because the Federal Reserve will cut interest rates on the 4th of next week, which should be a turning point. In addition, did everyone buy at the bottom of the plunge last night? Don't give up your faith, the bull market has just begun!
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