Tomorrow we will have the new Inflation Numbers. Heres what could happen in all scenarios to the crypto market:

Tomorrow is a very big day for Crypto as we will get new Inflation data, which is very important news in the current environment of rate hikes by the FED. Also not to forget as you have probably read a hundred posts about it today, shortly after inflation data we will have The Merger happening, literal crypto history.

So what could happen with the CPI data as that will most likely move the markets the most tomorrow? Firstly, we could get a lower inflation number again, which after last month's low number could strengthen the belief that inflation has actually topped. Markets would pump A LOT on that as it would mean lower hikes and faster pivot by the FED.

But they could also be higher, which would be bad as we will very very likely get a 75 bps by the FED on Sep 20th then and they wont change their policy for a while. So yeah volatility is in bound for Crypto and be ready even if you may be celebrating The Ethereum Merger.