$BTC
The pancake rises slowly, lacks volume, seemingly making it 'easy to short'?
A common tactic used by the big players is to deliberately wear people down, lure them into shorting, and then harvest a wave, which has been proven time and again.
Next week, there are two major events:
Wednesday at 8:30 PM
US CPI data: Simply put, it's about how much US prices are rising. If the data is higher than expected, it indicates that inflation has not come down, and the Federal Reserve may be even less inclined to cut interest rates, the dollar may rise easily, and gold and the stock market may fluctuate accordingly.
If the data is low, everyone might think that the Federal Reserve could cut interest rates ahead of schedule, making the market potentially more active.
The Federal Reserve has entered a 'no comment' phase: starting next week, Federal Reserve officials will pause public statements, but Trump is still pushing for a 100 basis point rate cut, and there are internal disagreements within the Federal Reserve about whether 'trade will cause prices to rebound' (some believe the probability is fifty-fifty), and subsequent policies will depend on the data.
Additionally, there are the economic data from China and the UK, and the confidence index from the Eurozone, just keep an eye on them.
In summary: US CPI is key, directly affecting wallets
(US dollar, gold, stocks)
Follow Hashini for continuous sharing～
