The April CPI data will be released at 8:30 PM tonight, with a previous value of 3.3 and an expectation of 3.7. The market has already priced in the impact of the CPI in advance. Within the day, the crypto market, U.S. stock market, and Asian markets all experienced sharp declines. If the CPI data is below expectations, a rebound is highly likely; if it exceeds expectations, caution is needed to prevent further downward movement.

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