The recently released consumer price index ( CPI ) data has attracted market attention. Despite significant price fluctuations, the overall trend remains a rise. CPI data shows that the economic fundamentals are stable, providing room for future monetary policy adjustments.

Analysts generally believe that a 25 basis point rate cut may occur in September. Although the likelihood of a 50 basis point cut is low, the possibility of keeping the interest rate unchanged is also very low. The ideal scenario at present is to cut rates by 25 basis points in both September and October after the release of the rate cut dot plot, followed by a 50 basis point cut in December. Such a pace of cuts is expected to bring a wave of market activity by the end of the year, laying a good foundation for the following year.

Regarding the recent market trends, some opinions predict that it may rise to around 4759 points, followed by continued fluctuations. However, this is merely a personal speculation and should not be considered investment advice. Investors should closely follow economic indicators and policy trends, and analyze market movements rationally.

In such an economic environment, the cryptocurrency market, including Ethereum (ETH) and Toncoin (TON), may also be affected. Investors need to comprehensively consider macroeconomic factors and industry-specific risks to make prudent investment decisions.