There is a big news tonight.

The US released the March CPI data.
Many people don't know what CPI is, simply put:
CPI is how much prices have increased.
For example, eggs were 10 yuan last year, now 12 yuan, CPI is up 20%.
The higher the CPI, the faster prices are rising, and money is becoming less valuable.
The number announced today: 3.3%.
What does it mean?
It means US prices have increased by 3.3% over the past year.
In February, it was only 2.4%, jumping to 3.3%, rising a bit quickly.
Does this number affect BTC?
Yes.
If CPI is too high, the Federal Reserve might continue to raise interest rates to suppress prices.
Raising interest rates means money is more expensive, and risk assets like BTC could be under pressure.
If CPI is low, the Fed won't raise rates, and BTC is more likely to rise.
Today’s data is slightly below expectations, so BTC didn't drop sharply, but caution is still needed.
The market is still digesting this data tonight; tomorrow will be the real test.
Conclusion: Watch the data more, pay less attention to news.
Only after the data is out do you know how to move.
Instead of daily candlestick watching to chase gains or cut losses.
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