Tomorrow night’s CPI, it’s not about the data, it’s about who will be washed out.

BTC is currently around 62,000, ETH around 1,670.
This position is very bad, why do I say bad?
Because it’s just sitting right next to resistance, a little push up and it’s there, a little push down and it hasn’t broken through completely, looks like an opportunity but is actually the easiest to deceive traders.

Tomorrow at 8:30 PM, June 10th, the US CPI will be released.
Market expectations are about 4.2%.
Once this data comes out, stocks, gold, and crypto will all be at the mercy of the market.

Today’s most critical point isn’t whether it rises or not, but three signals:
First, BTC ETF is still outflowing.
Bitcoin wants to push higher, but big funds aren’t rushing to lift it. When it rebounds here, you have to ask: who is buying?
Second, ETH is seeing capital flow back in.
Ethereum hasn’t been purely following the decline these past two days, indicating that funds aren’t completely withdrawing from crypto but are choosing their positions. Bitcoin is an emotional switch, ETH is a test of strength.
Third, AI stocks are still draining blood.
Now, funds are very pragmatic—where there’s a story, people will squeeze in. Crypto wants to regain strength, it can’t just be about shouting, it needs real buying volume.
So, tonight don’t get complicated.
I’m only watching two levels:
BTC: Can it hold above 62,500?
ETH: Can it stay between 1,630 and 1,700?

If CPI exceeds expectations, brothers, be careful of a sharp drop.
If CPI is below expectations, there will be a rebound, but don’t think a single bullish candle means the bull market is back.
If the data is lukewarm, then it’s just more grinding, grinding until retail investors give up.
What’s the biggest fear in this game?
It’s that you chase in on the night before CPI, and when the data comes out tomorrow, the K-line accelerates, but you’re still standing on the roof enjoying the breeze.

So my attitude tonight is very simple:
On the night before CPI, everyone, hold your horses.
Chasing in at this position might just mean standing guard.
Once the data lands tomorrow night, who’s truly strong, who’s pretending to be strong, the market will reveal itself.