According to the latest economic forecast data, the U.S. August consumer price index ( CPI ) may exceed the general market expectations. The median forecast from economists surveyed by Bloomberg shows that the year-on-year increase of the August CPI is expected to be 2.9%, and the month-on-month increase is expected to be 0.3%. However, the market implied expectations reflected by the CPI swap interest rate are even higher, with the overall year-on-year growth rate of the August CPI potentially reaching 2.91%, and the month-on-month increase possibly reaching 0.38%.

In addition, analysts from a major investment bank predict that the year-on-year increase in the CPI for August may reach as high as 2.92%. These figures are all above economists' consensus expectations, suggesting that the upcoming CPI data for the U.S. in August may surprise the market.

It is worth noting that CPI data may have a significant impact on the cryptocurrency market. There are opinions that if CPI data is higher than expected, it may trigger substantial fluctuations in cryptocurrency prices. Especially after the data is released, the prices of major cryptocurrencies may experience a significant decline.

Given the current market situation, investors should closely monitor the CPI data to be released tonight at 8:30 PM (Eastern Time) and manage their investment portfolios with caution. This time point could become an important turning point for the cryptocurrency market, and investors need to be prepared to respond to market fluctuations. At this critical moment, risk management is particularly important.