Market Expectations & Forecast

$cpiwatch Analysts are looking for signs of cooling inflation, though recent data has remained "sticky": 

Headline CPI (YoY): Forecasted at 2.5% or up to 2.9%, down from the previous 2.7%–3.0%.

Core CPI (YoY): Forecasted at 3.2%, a slight ease from the previous 3.3%. 

Binance Market Context

As of this morning, major assets on Binance are showing mixed performance ahead of the data drop: 

Bitcoin (BTC): Trading around $67,272, up 0.42% in the last 24 hours.

Market Sentiment: Traders on Binance Square are cautioned to avoid high leverage due to expected "violent" price wicks immediately following the release. 

Potential Impact Scenarios$BTC

Lower than Expected CPI: Typically bullish for crypto. It suggests the Fed may have more room to cut interest rates, increasing market liquidity.

Higher than Expected CPI: Typically bearish. "Hot" inflation may force the Fed to keep rates high for longer, putting downward pressure on risk assets like Bitcoin and Ethereum. #CPIWatch #CZAMAonBinanceSquare #USNFPBlowout