Tonight at 20:30, the pro consumer price index data for February in the US will be released, and these data will undoubtedly be the central focus of financial markets. All market participants closely follow these data as they play a very key role in determining the direction of the Fed's release policy. According to current market expectations, there is a certain probability that the pro inflation data will be slightly higher than expected. If this happens, it will further delay the schedule for lowering the Fed interest rate. Even if the pro inflation data eventually show stability or lower figures, the Fed is highly likely to also postpone interest rate cuts until the second half of the year. According to the FOMC interest rate probability forecast, the possibility of lowering the interest rate in March was completely ruled out. Currently, the probability of a rate cut in May is 45%, and in June it even reaches 93%. This clearly indicates that the market has generally reached a Consensus that the Fed will not act easily in the near future, and the possibility of lowering the interest rate will be postponed until the middle of the year. If this week's pro consumer price index data show good results and financial issues are successfully resolved by March 15, the likelihood of a rate cut in May has a chance for further rise. Against the backdrop of a recent significant fall in the stock market, market sentiment is in a depressive state, and investors are urgently awaiting a market Rebound to soften the prevailing pessimistic atmosphere. From a personal point of view, if the pro consumer price index data show 2.9%, it will be a quite ideal result that is likely to contribute to a positive Rebound in the market. Nevertheless, after recent consecutive market plunges, a positive signal is indeed needed for restoring confidence in the market. We sincerely hope that this data will bring some positive impact and inspire the market with new vigor.

💎
💎
Although the price of bitcoin continues to be in a state of Rebound, it is worth noting that over the last 30 days, whale investors have accumulated over 65,000 bitcoins. While this accumulation does not directly and immediately impact the price of bitcoin in the short term, it fully confirms that influential market participants have started to act. However, it is worth noting that compared to the over a million bitcoins that long-term holders sold for about 100,000 dollars, the current accumulation by whales of 6.5 thousand is small. In addition, the Securities and Exchange Commission (SEC) is postponing the approval process for several physically backed ETFs. The SEC has delayed the approval of the VanEck ETFs with physical assets Solana, the Canary ETFs with physical assets Litecoin, the Canary ETFs with physical assets Solana, the Canary ETFs with physical assets XRP, the Grayscale ETFs with physical assets XRP, and the Grayscale ETFs with physical assets Dogecoin. The overall picture indicates that the current Rebound in the market is likely only a phased Rebound, and the probability of a trend reversal is relatively low. It is important to monitor the gradual improvement in market sentiment and breakthrough in volumes at key support levels going forward.