At 20:30 tonight, the highly anticipated US CPI data will be officially released, and this key economic indicator may have a profound impact on the Crypto Assets market.

The financial community generally believes that the predictions made by Nick Timiraos, known as the 'Fed's mouthpiece', have sparked widespread discussion. He hinted that the core CPI could reach 3.1%, higher than the market's general expectations, and this view quickly became the focus of heated debate.

Analysts have conducted an in-depth discussion on the potential market reactions to the CPI data:

If the CPI exceeds expectations, it may indicate increasing inflationary pressures, which in turn raises interest rate hike expectations. In this case, investors may prefer low-risk assets, leading to capital outflows from the Crypto Assets market, and coin prices may face downward pressure.

On the contrary, if the CPI is lower than expected, it may be interpreted as a sign of easing inflationary pressures, leading to an increase in expectations of interest rate cuts. In this case, market liquidity may increase, risk appetite may rise, and it is expected to attract funds back into the Crypto Assets market, driving up coin prices.

Regardless of the outcome, tonight's CPI data will undoubtedly become a key turning point for the Crypto Assets market, likely setting the tone for market trends in the near future. Investors are holding their breath, ready to quickly adjust their investment strategies based on the data results.

At this moment of uncertainty, market participants need to remain vigilant, closely monitor the immediate market reactions following data releases, and be prepared to respond to various possible scenarios. This night could become one of the important milestones in the 2023 Crypto Assets market.