User-409hena6

Tonight at 8:30 PM, the US will release the CPI data for April. From the current market consensus, the data leans bearish, but the final outcome will depend on the actual announcement, and there are still some variables at play. CPI data has a significantly greater impact on the crypto space than non-farm payroll data, often triggering more intense market volatility. Tonight's data could serve as an important catalyst for short-term price action; it's prime time to go short!