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#本周三CPI公布，9月加息定价会改写吗？ I believe that if the CPI data released this Wednesday meets expectations, Bitcoin is very likely to break through $65,000 and start a new round of rally. Because employment data has already paved the way for "no rate hike," and BTC is far more sensitive to interest rate expectations than to inflation itself. The reason I judge this way is that BTC's performance over the past few months has proven: it fears "rising rate hike expectations" more than "slightly higher inflation data." For example, on July 28, despite falling oil prices and rising U.S. stocks, BTC still dropped to $63,100 due to hawkish remarks from Federal Reserve officials; whereas on August 5, when the nonfarm payroll data was released, even though CPI had not yet been announced, BTC immediately rebounded to $64,486. This shows that the market now treats "weak employment = no rate hike = positive for risk assets" as the default logic. From a position operation perspective, I added 20% to my position near $63,000 last week, betting that the nonfarm data would drag down rate hike expectations. Now that BTC has risen above $65,000 with a weekly gain of nearly 3%, it indicates that funds are already positioning ahead. If the CPI annual rate really drops to 3.4% this Wednesday, it basically seals the conclusion of "no rate hike in September," and BTC is very likely to directly surge to the $66,000–$67,000 range. However, I am also wary of one detail: if core services inflation remains very sticky (for example, above 2.6%), it may cause some institutions to hesitate. But considering the poor employment data, the Fed will most likely "turn a blind eye" and prioritize supporting the economy. So my strategy is: after the CPI data is released, as long as it does not rebound beyond expectations, continue holding or even add to positions; if the data unexpectedly rises, then consider reducing positions to hedge risk. #CPIToResetFedBets #AIMemorySelloffEases #BTCETHETFInflowsReturn