Tonight there is an important data release, which is the U.S. April CPI. If the data is favorable, the probability of interest rate cuts will increase; otherwise, it will decrease. The market currently predicts this will occur by July.

Last night, the U.S. stock market opened high and continued to rise, showing signs of a market correction. The index also experienced a waterfall decline; almost every time favorable news for Trump appears, both the index and the altcoins see significant corrections.

Brother Dao suggests that the current market situation should primarily be observed and not to enter the market yet. The index is still in a downward trend, and he does not recommend chasing shorts. Wait for a correction wave to pass before shorting at a higher point.

I will continue to pay attention to market news, and I will enter the market for layout whenever there is an opportunity. Those who want to follow Brother Dao's pace can leave 777!!!