Global stock markets have clearly rebounded, and Wall Street, which was previously in a panic due to tax increases, is now full of confidence. The Nasdaq and S&P 500 are just 1-2% away from their all-time highs, and this week will likely see an attempt to break through this critical level. Bitcoin is going crazy, but to be honest, this surge driven by emotions looks like inflating a balloon; it will eventually deflate, and we need some solid good news to keep the rise going.
If we talk about what everyone is most concerned about right now, it's whether the U.S. economic data is true or false. Investors are now focused on company earnings reports and employment data instead of tariffs. Especially the Bitcoin bill in Arizona; if it passes this Tuesday, the crypto community might have a collective celebration. The CEO of MicroStrategy has also created a Bitcoin tracker, and people in the industry are guessing whether he is secretly accumulating. Even more exciting is that a mysterious big player has continuously purchased over 30,000 Ethereum and more than 6,000 Bitcoins, investing $110 million, which has left small investors in awe.
This week's U.S. GDP and inflation data are the stabilizing forces. If the GDP growth rate exceeds 0.4%, it indicates that the U.S. economy is indeed resilient, and both the stock market and Bitcoin can continue to thrive; if the data disappoints, the market might take a hit. As for inflation data, if it stabilizes, everyone will feel reassured; if it exceeds expectations again, it’s likely that everyone will be in the dark. In simple terms, the market is like walking a tightrope, waiting for these data points to set the tone.
The market never lacks opportunities, as long as you can seize them and keep up with the pace!
Focus for the day: OM SUI SOL FUN BTC
