#CPI数据来袭 Brothers, good afternoon!!!
Tonight there will be 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 happen by July.
Last night, U.S. stocks opened high and continued to rise, but the market showed signs of correction, and the index experienced a waterfall decline. Almost every time Trump announces good news, the index and the altcoins undergo significant corrections.
Brother Qi suggests that for now, we should mainly observe the market and not enter. The index is still in a downward trend, and it is not advisable to chase short positions. Wait for a wave of corrections before shorting at higher points.
Brothers!
Tonight, focus on the U.S. April CPI data!
If the data is favorable, the probability of interest rate hikes will increase; otherwise, it will decrease.
The market is all guessing that the policy will be adjusted in July~