Brothers, the CPI has been released, and this data is quite interesting.

On the surface, the CPI annual rate is 4.2%, the same as expected.
In plain words, inflation is still high, don’t pretend it’s nothing.
But a closer look reveals that the real highlight is the core CPI:
Core CPI monthly rate is 0.2%, expected 0.3%, previous 0.4%.

This is very important.
In simple terms: the headline is still ugly, but core inflation isn’t continuing to explode.
So after the data was released, the market’s first reaction was:
The Fed’s pressure to keep raising interest rates has temporarily eased.
That’s also why, after the news came out, short-term interest rate futures showed the market lowered expectations for rate hikes.
U.S. stock futures narrowed losses, gold briefly rallied, indicating that funds aren’t completely panicked, but are re-pricing.

But brothers, don’t misunderstand.
This is not a big positive.
4.2% is still here, inflation remains hot.

So I won’t be overly bullish on tonight’s market.
If BTC, ETH bounce back based on this data, it depends on whether they can break back above resistance levels.
If they hold, it shows the market is willing to buy in.
If they can’t, it’s just a wave of hype to trap longs before the big move out.
Tonight’s most critical point isn’t the CPI itself; the data has already been released.
The key is whether the market dares to go all-in after the data lands.

My view is simple:
Core CPI gave a breathing room,
but 4.2% still doesn’t give the bull market a green light.
Don’t rush in shouting for a reversal just because of one green candle.