Jing Yi predicts that something big will happen tonight

Tonight at 21:30, the US December CPI data will be released! Expectations are at 0.3%, and the risk markets will face a major test

① Stock Market: If the core CPI monthly rate exceeds expectations significantly, the US stock market is likely to experience a sharp decline. Especially when the core number breaks through the 0.45% threshold, the S&P 500 index may see a deep drop of 1.25%-2.5%; conversely, if the core monthly rate falls below 0.30%, US stocks are expected to rally, and the S&P 500 could gain between 1.25% and 1.75%.

② Forex Market: The USD/JPY is considered the “barometer” of this data release. If inflation data exceeds expectations and strengthens, it will directly boost the upward momentum of USD/JPY, opening up bullish space; but beware, once the exchange rate approaches the 159 key level, direct intervention by the R Japan Ministry of Finance may occur at any time. If inflation unexpectedly cools down, traders will preemptively bet on the Fed cutting interest rates, and USD/JPY will respond with a correction.

③ Cryptocurrency Market: With data disappointing and inflation remaining high, the Fed’s rate cut expectations will be forced to delay, and Bitcoin is likely to quickly break below the 90,000 level, testing stronger support levels, while a market-wide decline will also occur; if the data aligns with expectations or deviates slightly, the market may see a “sell-off exhausted” scenario, and as long as Bitcoin holds the 90,000 line, a strong rebound could be brewing; if inflation data drops significantly, expectations for rate cuts will heat up early, and Bitcoin may break through key resistance levels, initiating a new surge.

Reference above 92,300-92,600 for Bitcoin, support at 90,000
Reference above 3,145-3,150 for Ethereum, support at 3,060-3,000