Tonight at 8:30 CPI is coming, will the Fed's rate cut dream be shattered or will the bull run continue?

The August CPI data will be released tonight at 8:30. Those who understand know that this directly relates to whether the Fed will dare to continue cutting interest rates! The market is already wildly betting on a rate cut next week, but if this CPI exceeds expectations, everything could turn upside down!
The current situation is that everyone is guessing; a rate cut is definitely coming, but by how much? Will there be further cuts afterward? It all depends on whether the data released on Thursday is favorable. Previously, PPI dropped and employment was weak, which initially had the market cheering, but if core service inflation (which includes expenses like housing and healthcare that you can't avoid every month) unexpectedly surges, everyone will be caught off guard.
There is a super critical point, if the core services inflation annualized hits 3.6%, then it will really explode! That's a significant increase compared to before! Although the stock market has been booming recently, it seems like everyone is not afraid, but in reality, everyone is holding their breath waiting for this number.
For people in the crypto world, this data is simply a heartbeat game!
If the CPI is lower than expected, interest rate cut expectations will soar, and liquidity is likely to return, Bitcoin and altcoins may party together! But if the CPI is too high, the Fed may immediately change its stance and slow down the pace of rate cuts, causing panic in the market, and the crypto circle will definitely be the first to be thrown out!
The question now is no longer "whether to lower or not", but "how much more can it be lowered?" Moreover, inflation, although quiet now, could make a comeback, and the Fed might prefer to endure without lowering rates, prioritizing price control.
So keep a close watch tonight! Whether you are a long-term holder or a short-term trader, once this data is released, the volatility will explode!
Don't forget, inflation is not just a number; it directly determines whether there will be any "liquidity" in the second half of the year to drive up assets, including your cryptocurrencies! $BAKE $BNB $SOL #CPI数据来袭 #PPI数据来袭