Tonight at 8:00 PM, there will be an important data release, which is the US CPI for April. If the data is favorable, the probability of interest rate cuts will increase; conversely, it will decrease. The market currently predicts it will reach July.

Last night, US stocks opened high and rose further, but the market showed signs of a pullback, with the index experiencing a waterfall effect. Almost every time Trump announces good news, both the index and the altcoins experience significant pullbacks.

Brother Qi recommends that the current market situation should be mainly observed first; do not enter the market now, as the index is still on a downtrend. It is not advisable to short-sell; wait for a pullback before shorting at a higher point.