The CPI data to be announced tonight will undoubtedly become the focus of market attention and is expected to trigger significant market volatility. Based on the observation of yesterday's market performance, we believe that some pressure has been released, and we cannot rule out the possibility of a V-shaped reversal.

The expected CPI this time is 2.8, a slight increase compared to the previous value of 2.7. Market reactions may show polarization: if the published data significantly exceeds expectations, the market may fall into temporary panic, with prices potentially dropping to around 116500; conversely, if the data is below or meets expectations, the bulls will seize the opportunity to counterattack, likely pushing prices back up to around 120000. However, the final trend will still need to be based on the actual published data.

From a technical perspective, the market may fluctuate within the following range:
For Bitcoin, it is recommended to pay attention to short-selling opportunities in the range of 120000-119000, with target prices set at 117800-116800.
Regarding Ethereum, you may consider looking for shorting opportunities in the range of 4330-4370, with target prices around 4180-4150.

It is important to emphasize that, given the current high uncertainty in the market, investors must remain cautious when formulating trading strategies and ensure proper risk management. Keep a close eye on the immediate market reaction following the release of CPI data and adjust strategies in a timely manner to respond to potential severe fluctuations.

At this critical moment, it is especially important to remain calm and rational. Regardless of how the market changes, one should adhere to their investment principles and not blindly chase after rising prices or sell off in a panic. At the same time, it is important to closely monitor other macro factors that may impact the market and to comprehensively assess risks and opportunities.