At 3 AM tonight, the CPI interest rate meeting will take place. According to predictions, currently 97.1% believe there will be a 25 basis point rate cut, with the current interest rate at 4.75%, lowering to 4.5%.

This rate cut is positive for the crypto market, but everyone has already traded this positive news in advance and is predicting a pause in rate cuts in January, so there may also be early trading based on the January forecast. Of course, the actual results are yet to come, and we should rely on the actual outcomes.

In the market, besides Bitcoin reaching new highs, only a few popular coins have seen capital inflow to drive prices up; most altcoins are struggling to survive, making it very difficult to trade. I don't know when this situation will improve. #CPI数据