Next week's macro outlook 📊
CPI data may trigger a stagflation trading scenario, and BTC might face a test at the $100,000 support level.
Here are the key points the market will focus on in the coming week:
May 12
22:25, Federal Reserve Governor Cook delivers a speech;
Trump's dinner guest list is confirmed. However, the official has not yet stated whether Trump himself will attend, and the title of 'Dove King' has not just appeared on him; we will see if it surges or if there is a sharp drop.
May 13
20:30, U.S. April non-seasonally adjusted CPI year-on-year/seasonally adjusted CPI month-on-month/seasonally adjusted core CPI month-on-month/non-seasonally adjusted core CPI year-on-year;
There are a lot of data on the 13th, so if there is a volatile market in the next two days, it might be better to wait; a bull market doesn't fade away in just a day or two, and everyone should be responsible for themselves and not be anxious.
May 14
Vaulta: EOS tokens are set to be exchanged for A tokens on May 14, with an exchange ratio of 1:1;
May 15
Obol will have its TGE on May 15;
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