If U.S. CPI comes in hot again tonight, can BTC bulls hold on?

Crypto friends, tonight may be another night when it’s unwise to turn in too early!
U.S. October CPI will be released at 21:30 Beijing time, and the market is waiting for inflation to provide answers. More notably, the market-implied probability of a 25-basis-point Fed rate hike in December is already above 80%.
What does this mean? The market is no longer simply debating whether rates will be raised; it’s waiting for inflation data to determine whether rate-hike expectations will heat up further.
If CPI comes in above expectations, the dollar could strengthen and Treasury yields could rise, putting short-term pressure on BTC. This is especially true for highly leveraged traders: if they get the direction wrong, they may be able to wait for a rebound, but with too much leverage, they might not even get the chance to wait.
If CPI comes in below expectations, the opposite could happen. Rate-hike concerns may ease, risk appetite may recover, and BTC could get a chance to rebound.
But there’s a catch: bad news being priced in doesn’t guarantee a rise, and good news being priced in doesn’t mean an inevitable surge. Markets often trade on expectations in advance, so when the data is actually released, the market may move in the opposite direction.
So tonight, don’t just watch the candlestick chart—pay closer attention to the dollar, Treasury yields, and spot capital flows.
Here’s the question: if CPI comes in above expectations tonight, will you buy the dip on BTC or protect your wallet first? #每周来晒 and #美国10月CPI即将公布 $SPCX