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The US is releasing an "Inflation Report Card" tonight at 8:30 PM, and this thing is basically the market's "traffic light," directly deciding whether the Federal Reserve folks will cut interest rates and when.
If the data exceeds expectations with a sharp increase: the dollar and US bond yields will soar, funds will all rush to safe havens, and high-risk assets like BTC and ETH will be drained, making a short-term crash very likely, and traders with high leverage in the derivatives market should be careful of chain liquidations.
If the data is lower than expected: the market will reimagine the Fed "cutting rates soon," the dollar will weaken, and the crypto market can ride a wave of rebound and recovery.
If the data is close to expectations: it’s just a "battle between bulls and bears" with oscillations, and normal shakeouts with price swings are common, so don’t chase gains or sell in panic.