Important economic data will be released at 8:30 PM tonight, and the market's attention is quite high. Analysts point out that as long as the published value is not too far off from the forecast value, it may be interpreted as an Unfavourable Information signal. It is worth noting that unemployment claims data may not have much impact.

The Consumer Price Index (CPI), as a key indicator of inflation, is closely watched. If the latest forecast value is higher than the previous value, it indicates that inflationary pressures are increasing, which may lower market expectations for a Federal Reserve interest rate cut. After all, one of the core missions of the Federal Reserve is to maintain price stability.

At the same time, the cryptocurrency market is closely following these macroeconomic data. The trends of mainstream cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) may be affected. It is worth mentioning that there have been signs of a rebound in the small-cap cryptocurrency market recently, and investors are cautiously optimistic about this.

In the face of a complex and ever-changing market environment, investors need to remain vigilant, follow the changes in various economic indicators, and make rational decisions based on their own risk tolerance.