Tonight at 8:30 PM US March CPI

This set of expected data has an extremely large discrepancy
It is destined to be a squeeze-and-slaughter market where both bulls and bears explode
Nominal CPI expectations soar to 3.3%( from the prior value of 2.4%)
Core CPI expectations tick up slightly to 2.7%
This wave of inflation surge is all thanks to the Middle East war and oil prices
Core inflation has not gone out of control
But rising inflation will trigger panic
Delaying interest rate cut expectations
US stocks are likely to come under pressure and sell off hard at the open
BTC will track US stocks in the short term
Most likely, it will plunge sharply like a pin, triggering a panic-driven wipeout of long positions and short positions’ stops
But in the medium to long term
War + inflation instead strengthen BTC’s safe-haven narrative
After the shakeout, it is very easy to break out into an independent trend