Two heavyweight pieces of news, tonight won't be calm.
Key Point 1: This morning there was an extremely favorable development regarding tariffs, China is willing to start talks with the U.S., and the cryptocurrency market along with U.S. stock futures surged by 5%. Plans can't keep up with changes, unexpected good news.
Key Point 2: The Federal Reserve will hold a meeting tonight, results will be announced at 2 PM, and Powell will begin speaking at 2:30 PM. The outcome in May is 100% no interest rate cut, the main focus of the meeting is Powell's outlook for June at 2:30 PM, will there be an interest rate cut in June? Powell's remarks represent the uncertainty of the market.
Currently, according to interest rate market data, Powell suggests a 70% probability of no interest rate cut in June, and a 30% probability of a cut, so the likelihood of negative news is relatively high, but not 100%. I think we can definitely take advantage of the current good high point to exit and wait and see to avoid risks. If you really want to gamble, you can go short with low leverage; the risk-reward ratio is still quite good.
We are operating vigorously every day~🐰🐰