Tonight, traders around the world are watching the same number—the U.S. May CPI.

Market expectations are for year-over-year acceleration to 4.1%, with core CPI still above 3.5%. The key point: this will be the "judgment day" data for whether the Federal Reserve raises interest rates in September.
Last night, the market was already pricing in the worst-case scenario in advance:
• BTC briefly dropped below $60k, down over 4% for the day
• Gold plummeted 2%, accelerating away from the 200-day moving average
• Silver sharply fell 5.5% intraday, wiping out all gains for the year
• WTI crude oil declined 3.4%
This isn't just a correction in a single asset; it's a chain reaction of "rate hike expectations → dollar strengthening → pressure on all risk assets."
Three scenario analyses:
CPI below expectations → cooling of rate hike narrative, oversold rebound imminent
CPI in line with expectations → digesting volatility, watch for subsequent statements from Fed officials
CPI above expectations → September rate hike probability soars, prepare for continued pressure
‍#CPI #美联储加息 #比特币 #黄金 #Gate直通IPO认购SpaceX