Seeing the US December CPI release tonight, my first instinct is that this is the "switch" for tonight's crypto market, and we need to watch the difference between the data and expectations. Let's analyze the impact logic of this data: CPI is the key reference for the Federal Reserve's rate cuts — if the actual data is below expectations (for example, an annual rate below 2.7%), the market will think rate cuts will come sooner, and the expectation of liquidity easing will heat up, likely causing assets like Bitcoin and Ethereum to rise; if it exceeds expectations, the rate cut expectations will cool down, and crypto may pull back. Currently, institutions expect around 2.7%, so tonight's key is whether the "data deviates positively from expectations." But remember, this is a "short-term emotional shock," not a long-term trend. No matter what the CPI shows, the Fed's overall direction of rate cuts this year remains unchanged, it's just a matter of pace. So there's no need to panic sell due to data fluctuations; holding core assets is enough, and short-term volatility is an opportunity to add positions. For traders, tonight's strategy is "light positions and observe, avoid leverage" — after the CPI data is released, the market will fluctuate sharply, and leverage can easily lead to liquidation. If the data is positive, don't chase the high; wait for a pullback to add. If it's negative, don't rush to sell; a decline could be a chance to pick up cheap chips. Ultimately, this is a "short-term catalyst" for the crypto market, but it doesn't change the long-term logic. Watching the data for short-term trades is fine, but don't lose sight of your core assets for long-term holding. $BTC #每日行情分析