Tomorrow's CPI report can move Bitcoin in minutes. Here's how to read it in 5 checks — no economics degree needed. The report lands Tuesday, 8:30 AM ET. And this one is different: there will be no annual inflation number. The BLS never collected October 2025 prices during the shutdown, so only monthly changes get published. The number to watch is core CPI. The Cleveland Fed nowcast puts it at +0.21% month over month. The line that matters is 0.25% — at or above that, it rounds up to a 0.3% print. Your 5 checks: 1. Core first, headline second. Core strips out food and energy — it's what the Fed actually watches. 2. Compare core to 0.25%. Below it, the print rounds to 0.2% — soft. At 0.25% or above, it rounds to 0.3% — hot. 3. Check the December hike odds. CME FedWatch has a hike at 80.5% — a hot print pushes it higher, a soft one pulls it down. 4. Watch the 10-year yield. It was 4.85% this morning — a hot print sends it up, and risk assets hate that. 5. Check Bitcoin's line in the sand. BTC is near $74,600, just above its 200-day average near $73,150. The catch: one monthly print doesn't set the trend. A single hot or cold month gets revised, and the first 15 minutes after the release are mostly noise. Wait for the level that holds before drawing a conclusion. Save this for tomorrow, 8:30 AM ET.