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Tonight at 8:30 PM, the US CPI key data will be released, and this data will determine the overall trend of the market moving forward:
If the data exceeds expectations, the Fed's rate cut expectations will be directly dashed, and BTC along with all altcoins are likely to collectively face pressure and pull back;
If the data falls short of expectations, the market will have a chance for a breather and a rebound.
Regardless of whether the data is good or bad, market volatility tonight will definitely be intense!
Contract traders must remember not to blindly leverage high positions to bet on the direction, to avoid sudden liquidations and zeroing out.
Tonight, focus on the moment when the data is released, stay calm, and do not let sudden market moves sway your rhythm!