Tonight at 8:30 PM, the US March CPI inflation data will be released. The market expects a significant rise in inflation, which will directly influence Bitcoin and altcoins.

If inflation is even higher than expected, the Federal Reserve definitely won't dare to cut interest rates easily. The dollar will strengthen, and the crypto market is likely to plummet sharply, risking a sell-off. Long positions should be cautious; if the data just meets expectations, the market will be prepared, and crypto will mainly fluctuate with no big movements, bouncing back and forth. But as long as inflation is lower than expected, expectations for rate cuts will heat up, the dollar will weaken, and the crypto market is likely to rally, pushing prices higher.

So tonight, focus on one point: if inflation exceeds expectations, prepare for a dip; if it meets expectations, expect consolidation; if inflation cools more than expected, go long. Remember to keep positions light and avoid chasing after big swings.