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Tonight: CPI, tomorrow: PPI, and this week’s initial unemployment claims.
Honestly, these data points aren’t very significant, but many people like to track them!
Currently, the CPI forecast matches the previous value, indicating stable prices and inflation. While the impact is minimal, the shift from an upward trend to a stable trend suggests a slight downward expectation—so it can be seen as a small positive surprise in line with expectations.
PPI can basically be ignored; the only factor is the lingering effect of old tariffs, which has minimal overall impact.
This week’s initial unemployment claims are forecasted to rise by 11,000, which is also a small positive signal.
BTC/ETH over the next two days are entering a crucial 1h/2h recovery period. Whether they break out of the current oscillation range or continue within it, some upward and downward testing is expected. Follow the signals and trade long or short accordingly. It’s recommended to maintain a one-sided position!
For detailed updates, follow Shao my account and daily join live streams, video analysis, and strategy insights. Grow together through bull and bear markets with Shao Ge!
#CPIRelease $BTC $GT $ETH