Tonight at 21:30, the US December unadjusted CPI year-over-year rate will be announced, and this data is closely linked to the nerves of the entire crypto circle and traditional financial markets.

The current previous and forecast values are both set at 2.70%. It may sound insignificant, but here’s the key — if the data exceeds expectations or falls short, market reactions will be very intense. Surpassing expectations indicates that inflation remains sticky, and the Federal Reserve may maintain a hawkish stance, putting pressure on risk assets; conversely, if it’s below expectations, expectations of rate cuts will heat up again, and the crypto market could see a significant rally.

Also announced is the seasonally adjusted CPI monthly rate, with a forecast of 0.30%. These two indicators are directly related to the Fed’s next policy move — whether to keep steady or consider further rate cuts. For the entire crypto market’s risk appetite, this is a steering wheel-level influence.

If inflation data exceeds expectations, the Fed’s hawkish rhetoric might become even more aggressive; if the data unexpectedly weakens, market expectations for rate cuts will immediately rise, and the hype in the chain circle will also ignite.

This wave of data release is very likely to directly rewrite the recent market rhythm. Keen traders should stay in front of their screens tonight, waiting for this critical moment to arrive.