In the Crypto Assets market, an unusual calm has enveloped the traders. The Bitcoin price has only fluctuated slightly within a range of 500 points in a day, leaving both bulls and bears perplexed. Even more surprisingly, the usually active alternative Tokens also seem to have lost momentum, exhibiting a rare state of stillness.

Behind this unusual market behavior lies a common expectation: all eyes are focused on the upcoming release of the U.S. Consumer Price Index (CPI) data. This key economic indicator will be released tonight at 20:30, and its importance is self-evident.

Market analysts generally believe that if the CPI data exceeds expectations, it could become a catalyst for the explosion of the crypto assets market. In particular, Bitcoin may break through the important psychological barrier of 120,000 yuan. This breakthrough will not only mark a new high for Bitcoin but may also drive a comprehensive rise in the entire crypto assets market.

However, investors should remain cautious. While positive CPI data may bring short-term market excitement, the intrinsic value and long-term development prospects of Crypto Assets are the real focal points worth paying attention to. Market participants should closely monitor this important economic indicator while also weighing other factors that impact the Crypto Assets ecosystem.

Regardless of the CPI data, it will provide us with valuable insights into the broader economic environment, which is crucial for understanding the future direction of the Crypto Assets market. At this uncertain time, it is more important than ever to remain calm and rational.