Before the release of this CPI data, the recent strong non-farm payrolls data has made many people worry that inflation may not slow down as expected.

This month, it rebounded from a low of 60,000, briefly touched 64,000 on Monday, and has now fallen back to 62,400; Ethereum ($ETH) has performed similarly, falling to 2,450 after a small rebound at the beginning of the month.

The next 48 hours will be a critical observation period, and we should act cautiously and avoid overly emotional decisions. If the CPI data meets market expectations, it may bring momentum to Bitcoin's rebound, but if the data shows high inflationary pressure, the market may usher in a wave of selling.