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Tonight 20:30, U.S. March CPI data is the core influence: if CPI rises higher than expected, it will reinforce expectations that the Federal Reserve will delay cutting interest rates, the U.S. dollar will strengthen, and BTC/ETH will come under pressure and probe lower; if CPI falls back, rate-cut expectations will heat up, the U.S. dollar will weaken, and cryptocurrencies will be boosted to move higher.
At 22:00, U.S. inflation expectations and the consumer confidence index will affect the market’s outlook on the Federal Reserve’s policy; data that is stronger is bearish for cryptocurrencies, while weaker data is bullish.
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