CPI is coming tonight at 8:30 PM. Are BTC and ETH about to face another test?
Tonight, keep an eye on the U.S. September CPI data
Current market expectations:
📌 Headline CPI (monthly): +0.6%
📌 Headline CPI (annual): 3.6%
📌 Core CPI (monthly): +0.2%
📌 Core CPI (annual): 2.5%
These are market expectations ahead of the release, not the actual data
Why is the crypto market watching inflation too?
Because CPI is more than just price data. It could also affect market views on the Fed’s interest rate policy, which in turn could influence the U.S. dollar, Treasury yields, and sentiment toward risk assets like BTC and ETH
🔍 Tonight, I’ll be focusing on three things:
1️⃣ CPI comes in higher than expected
Inflationary pressures could heat up again, and the market may reassess the scope for rate cuts. Risk assets could come under pressure
2️⃣ CPI comes in lower than expected
This could ease inflation concerns, but whether BTC rises will still depend on fund flows and the market’s actual reaction
3️⃣ The data meets expectations
Don’t rush to conclusions. What the market really trades on is often the gap between expectations and the actual data—not just the numbers themselves
My view is straightforward:
The release of the data doesn’t automatically make the direction clear
Don’t declare a bull market the moment you see low CPI, or assume the rally is over as soon as you see high CPI
Tonight, let’s look at the data first, then see how the dollar and yields move, and finally watch whether BTC and ETH provide meaningful confirmation
#ETH #cpi #CryptoMarket #btc
Tonight, keep an eye on the U.S. September CPI data
Current market expectations:
📌 Headline CPI (monthly): +0.6%
📌 Headline CPI (annual): 3.6%
📌 Core CPI (monthly): +0.2%
📌 Core CPI (annual): 2.5%
These are market expectations ahead of the release, not the actual data
Why is the crypto market watching inflation too?
Because CPI is more than just price data. It could also affect market views on the Fed’s interest rate policy, which in turn could influence the U.S. dollar, Treasury yields, and sentiment toward risk assets like BTC and ETH
🔍 Tonight, I’ll be focusing on three things:
1️⃣ CPI comes in higher than expected
Inflationary pressures could heat up again, and the market may reassess the scope for rate cuts. Risk assets could come under pressure
2️⃣ CPI comes in lower than expected
This could ease inflation concerns, but whether BTC rises will still depend on fund flows and the market’s actual reaction
3️⃣ The data meets expectations
Don’t rush to conclusions. What the market really trades on is often the gap between expectations and the actual data—not just the numbers themselves
My view is straightforward:
The release of the data doesn’t automatically make the direction clear
Don’t declare a bull market the moment you see low CPI, or assume the rally is over as soon as you see high CPI
Tonight, let’s look at the data first, then see how the dollar and yields move, and finally watch whether BTC and ETH provide meaningful confirmation
#ETH #cpi #CryptoMarket #btc