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#BTC Tonight's CPI release is one of the most important economic data points recently. Due to the impact of the war on oil prices, the previous value was 2.4%, with an expected 3.3%. This is the largest change in recent years, so significant volatility tonight is very likely. The range is probably between 70-75k, and the direction afterward:
- Less than or equal to 3.3%, positive/neutral expectation, first rally then drop
- Greater than 3.3%, negative, first drop then rally and drop again
🧧 Please predict tonight's CPI; correct guesses will be rewarded