#CPI数据来袭 CPI data is favorable, but risks still need to be noted
I will layout short positions at high levels
【US April CPI year-on-year rate is at a four-year low】
May 13 news, the US April unadjusted CPI year-on-year rate is 2.3%, the lowest since February 2021, with market expectations of 2.4%. The month-on-month adjusted CPI in April is 0.2%, higher than last month's -0.1%, but lower than the market expectation of 0.3%.
【Increased bets on Fed rate cuts】May 13 news, US short-term interest rate futures rose after the CPI data was released, and traders increased their expectations for a Fed rate cut.
Big Pie:
104958-105688 range nearby hanging short orders
Direct 103000-100000
Nephew 107088
99358-100158 range nearby hanging long orders
Direct 103000-105500
Nephew 98000
Ethereum:
2595-2630 range nearby hanging short orders
Direct 2500-2430
Nephew 2670
2335-2363 range nearby hanging long orders
Direct 2460-2530
Nephew 2300