Tonight, the United States Consumer Price Index ( CPI ) data will be revealed. This important economic indicator may have a profound impact on the Crypto Assets market. The data release time is set for 20:30, and market participants should follow closely.

Ethereum is currently at a critical position, with prices hovering around $4400. There are signs that institutional investors have been quietly accumulating positions in preparation for potential market movements.

The trend of the CPI data will directly affect the market movement. If the data meets or falls below expectations, it may provide momentum for the rise of Ethereum. Conversely, if it exceeds expectations, it may trigger a pullback.

The crypto assets market has always been closely related to US economic data. Whenever important data is released, regardless of the outcome, it can trigger significant fluctuations in crypto asset prices. This also explains the relatively calm state of the market recently—investors are waiting for the release of this key data.

For traders, it is crucial to manage their positions wisely. Whether they are experienced investors or newcomers to the market, they should be wary of the impending market volatility. In this time of uncertainty, it is especially important to remain calm and rational.

As the CPI data approaches, the Crypto Assets market may face a new round of long and short battles. Investors should be prepared to closely follow market trends and adjust their strategies in a timely manner. This night could become one of the key moments for the Crypto Assets market at the end of 2023.