$BTC 5 May 13) The market may be about to change

Why do I say this? Because three major signals have already been released, and anyone with a bit of experience knows that tonight is definitely not an ordinary trading day.

1️⃣ CPI is coming, interest rate cuts are completely on hold

Tonight, the U.S. April CPI inflation data will be released. This is the core 'hard data' that influences the Federal Reserve's attitude.

Recently, Federal Reserve officials have been making statements:

"Everything depends on the data, no rush to cut interest rates."

The market immediately responded, pushing the probability of no interest rate cut in June to 91.9%! If tonight's CPI exceeds expectations, even if just a little, it could completely shatter hopes for an interest rate cut. The market? Let's see a drop first.

2️⃣ US-China 'good news has run out,' the market has no surprises left

The 'relaxation news' from US-China negotiations has long been digested by the market. Don't forget, everyone is tired of Trump's tactics from 2018.