Ladies and gentlemen, today the market has been quite volatile, with significant swings on the candlestick chart, which can indeed be a bit nerve-wracking. Instead of chasing after all kinds of chaotic news, it’s better to focus on the two major data releases at 21:30 tonight, as they will directly influence the market’s rhythm moving forward.

Let’s start with the underlying logic: the Federal Reserve’s biggest concern right now is whether inflation can be stabilized. The core CPI data is the "barometer" that verifies all of this.

The expected figure this time is 3.1%. This number may seem insignificant, but its actual impact is substantial. The key isn’t just in the simple comparison of high or low, but in the deviation magnitude. If the announced value is significantly higher than 3.1%, for example reaching above 3.3%, it effectively sends a signal to the market that "inflationary pressures have not shown clear signs of easing." This would reinforce the Fed’s previous stance that a "higher interest rate environment will persist longer," and market reactions could be quite intense.

Specifically, if the data exceeds expectations, the US dollar index usually rises rapidly. As risk assets, cryptocurrencies often face pressure in a strengthening dollar environment. That’s why many traders pay close attention to such macroeconomic data—they directly influence the flow of major asset classes.

Conversely, if the data falls below expectations, the market will start to reprice expectations of rate cuts, which is generally positive for crypto assets. So, tonight’s "data show" may seem like just an economic indicator release, but in reality, it marks a turning point in overall market sentiment. Prepare mentally and get ready for volatility.