Why, after the signing of the US-China tariff agreement, did it not soar but instead rise sharply and then drop?

Two aspects. On one hand, the market was anticipating talks and coordination between the US and China regarding tariffs, which have now materialized, and the biggest issue regarding tariffs has been resolved. The positive expectations have been realized, and although it will indeed have an upward push, the impact of the tariff issue on the market can be said to diminish over time. Such things often start with a strong impact, but gradually lose their prominence, being replaced by newer narratives, regardless of whether they are bullish or bearish. So this is a point that the manipulators can leverage, using emotions, inertia, and perceptions to achieve their desired effects.

On the other hand, last night, Federal Reserve Governor Waller's hawkish speech emphasized that the foundation of current US economic growth has issues, and he strongly supports the current interest rates. No matter how the external environment changes, we remain united internally without any issues. This strong expression directly triggered a rapid decline in prices. However, there is also a problem here; in the past, many Federal Reserve governors have spoken, seemingly with no impact, but this time the effect of the speech was amplified. In simple terms, prices adjusted based on the information, acting in accordance with the trend.

Currently, the fundamentals have not changed significantly, with close attention on tonight's CPI data. If inflation falls back or there are unexpected positive results, the effect will definitely be good. In conclusion, we have now entered the stage of speculating on interest rate cuts. #交易经验 #Strategy增持比特币 #币安Alpha上新