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The latest US CPI inflation data has been released. This time, the data performance is basically in line with expectations, and overall, the market reaction is unlikely to be particularly intense. However, the core CPI performance was below expectations, which is actually a positive signal for crypto assets.
To understand how the crypto market fluctuates, it's quite simple: core CPI below expectations → favorable for subsequent rate cuts → supports crypto prices; conversely, if the data exceeds expectations, it will dampen rate cut expectations, which is not good for the market; if the data meets expectations, there is basically no significant fluctuation. From this situation, at least there's no need to worry too much that inflation data will become a weapon for bears.