Tonight at 9:30 PM, the US will release its December CPI inflation data, with the market widely expecting 2.7%. This data is undoubtedly a bombshell for the cryptocurrency market, directly impacting the Federal Reserve's subsequent monetary policy direction. Currently, a rate cut in January is virtually impossible, but there are two more policy meetings in March and April before Powell leaves office. If tonight's CPI data meets expectations, or even falls below 2.7%, it means inflationary pressures will ease further, and the hope for another Fed rate cut this year remains. If expectations for a rate cut intensify, market liquidity is expected to increase, potentially leading to an influx of funds into the cryptocurrency market and driving up prices. Conversely, if the data exceeds expectations, rate cut expectations will not materialize, and the market may face selling pressure, causing prices to decline. Therefore, tonight's data is crucial, and everyone should pay close attention. If you found this analysis helpful, please follow, save, and like it. Let's discuss your thoughts on tonight's data and subsequent market trends in the comments section!