Big events. This week, the Long Short brothers need to pay attention.
+ Tuesday, March 12, the US announced the CPI consumer inflation rate at 7:30 p.m.
- CPI: Last month 3.1%, forecast this month 3.1%.
- Core CPI: Last month 3.9%, forecast this month 3.7%.
Lower than or equal to forecast is a good signal for the market. Before and after news comes out, the market can fluctuate strongly, players with high leverage need to pay attention.
+ On Wednesday, March 13, the Dencun Ethereum upgrade is expected to take place at 20:55. This upgrade will bring lower fees to Layer2 network users.
Will there be a Sell the News when ETH has increased strongly before or will this be a springboard for the upcoming Ethereum Spot ETF in May? Let's wait and see, everyone.
+ Big token unlock this week:
- At 5:00 a.m. on March 13, Aptos (APT) unlocked 24.84 million APT worth $329 million (accounting for 6.73% of total circulating supply).
- 8:00 p.m. March 16 Arbitrum (ARB) unlocks 1.11 billion ARB worth $2.32 million (accounting for 76.62% of total circulating supply).
- At 7:00 a.m. on March 17, ApeCoin (APE) unlocked 15.6 million APE worth $35.57 million (accounting for 2.55% of total circulating supply).
