$BTC Breaking: Just now, 2 billion USD entered the market + Powell is dovish, the bears are in danger!

At this moment, ETH 2510, the neighboring US stocks are plummeting, should we short?

Answer: Not recommended!

1. Following the previous 1 billion USDT entry, Tether issued another 1 billion at 20:09; a sudden influx of 2 billion in real money within an hour tonight.

2. Tonight's annual and monthly rates are positive news for the crypto market. PPI is the "upstream signal" of inflation; if PPI continues to weaken, it indicates a decline in inflationary pressure, increasing the likelihood of the Federal Reserve cutting interest rates.

3. Powell just spoke and mentioned one key point: not commenting on the outlook or monetary policy: April PCE may be around 2.2, which is very close to the target of a 2% rate cut. It should be noted that this data will officially be released on May 30, a preview in advance.