Is it true? U.S. inflation data is expected to soar to 5% this year! Institutions have already liquidated all positions, and you still don't know?
Opportunities to make big money are here! These three coins have huge operational opportunities, with a great chance of success, and I have entered the market!
First, regarding this week's market, although it has surged now, I want to give you a heads-up: the cryptocurrency market is going to start crashing on Wednesday and Thursday. Just wait and see.
The inflation data on Wednesday night is really not optimistic. Wall Street expects the CPI to surge by 0.2%, and the core CPI is also expected to rise by 0.1%, completely reversing the downward trend of the previous months. Trump's tariffs are finally going to reflect in the data.
Moreover, what is more concerning is that this rise in inflation is just the beginning. Even analysts at Wells Fargo believe that CPI will continue to accelerate in the second half of the year and peak in the fall, reaching a terrifying 4% to 5%, which is very alarming.
What does this 5% mean? It is equivalent to doubling the current inflation! So in the next three months, the capital market will definitely stir up a bloodbath. Please cherish the current price of over 100,000. For those with positions, please exit at high points, as there will indeed be a significant correction soon.
However, according to the Federal Reserve's own forecast, this Wednesday's CPI should be 2.4%, and the core CPI is 2.84%. Rounding it off, that's 2.8%. These two data points are indeed slightly higher than the previous values, but they are lower than market expectations.
Therefore, this time Wall Street may play tricks because they have set a very high expectation in advance. So even if the CPI exceeds the previous value, due to the high expectations, it will lead to the CPI being lower than this expectation. This ironically turns into good news. Thus, Wall Street may manipulate the market by giving an unattainable high expectation, so even if the actual CPI rises, because it is lower than expected, it becomes good news.
Look at the strange situation with last Friday's non-farm payroll data; the employment numbers clearly dropped significantly from the previous value. However, since Wall Street set a very low expectation of 130,000, even though the employment population decreased, it still exceeded expectations, thus becoming positive news. Isn't this nonsense? Yet the market really believed it, and the U.S. stock market surged while Bitcoin also started to rise sharply from last Friday.
However, you should know that paper cannot ultimately cover the fire, because even if the data can be glossed over this time, everyone should take a look at the Federal Reserve's next inflation forecast; the CPI is expected to soar to 2.7%, while the core CPI will rise to 3%, entering the 3% range. With such a large increase, Shuqin is very curious whether their next data can still be smoothed over? (Haha)
So this Wednesday's CPI may be embellished, with limited negative impact, but inflation will soar every month afterward, possibly reaching the 4% or even 5% range by October. This is also why Powell has been hesitant to cut interest rates; they have already predicted these data, and Wall Street knows it. Only retail investors are still in the dark, frantically chasing highs, waiting for the dream of rate cuts in June and July.
From the perspective of K-lines, Bitcoin is forming a complex top, which is a bull market top. Earlier this year, Bitcoin also saw a spike followed by a pullback, then formed a false breakout top, and afterward, there was a major crash.
Coincidentally, Bitcoin also experienced a bull market top last March. Bitcoin similarly rebounded after a drop of over 10% and formed another two tops. However, that top did not break the previous high and dropped down, continuing to decline for several months before bottoming out.
In April and November 2021, it was also a bull market top, where institutions distributed at high levels. This time is likely to be the same. In the short term, such a continuous increase of 10% without any correction is quite rare, but the probability of a negative CPI data on Wednesday is quite high, and I think there will be a significant pullback at that time.
Additionally, if you look at the main forces, U.S. stock funds have seen a continuous net outflow of funds for three weeks, which is completely contrary to the rising trend of the Nasdaq. It can be seen that the current main buyers in the U.S. stock market are not institutions but retail investors.
Speaking of shorting, coins with large unlocks are definitely more stable shorting targets. So these days, Shuqin has been shorting ZK and ZRO. These two coins will unlock more than 20% of the current circulating supply on the 17th and 20th. We have been repeatedly shorting these two coins since last week, truly making easy money. Now that they have risen again, I think we can prepare to act.
After shorting these two coins, it will be Trump's turn. He will also unlock a large amount in mid-July, unlocking more than $500 million worth of tokens. By then, we can short again. Hey, why say again?
Because we started shorting on the day of Trump's dinner two weeks ago, at that time Trump was still at 16u. I said he would drop by 40% to 10u, and everyone thought I was just speculating. Now look, he has dropped to a low of 9u, directly halving. So this is the situation where good news turns into bad news, making it a very good shorting opportunity. Even though Bitcoin is still over 100,000, Trump has halved himself. I think we can short again around the end of June to early July when he unlocks, and we update the trading points for various coins daily, so feel free to check if interested.
Alright, let's continue. Recently, the cryptocurrency industry has encountered some issues. Singapore has directly started clearing out cryptocurrency participants, whether they are crypto companies or streamers and KOLs. As long as they don’t have a crypto license, they may not be able to engage in the cryptocurrency industry. Singapore has issued only about ten licenses, while there are at least several hundred projects there, so saying they are cracking down is not an exaggeration.
This actually happened at the peak of the bull market at the end of 2021. It can be said that the high-level officials in Singapore understand trading cryptocurrencies. Every time the cryptocurrency prices reach a high point, they will clear out various traders, not allowing their citizens to enter the market to take over. This is very characteristic of Singapore.
When it comes to bottom-fishing, don't rush in during this extremely greedy time. Wait for a moment of extreme panic to buy the dip; it will definitely come—maybe in a few weeks or even a month or two. That moment of extreme panic will be the best time to enter. In the meantime, play with short-term trades, and when it's time to bottom-fish, I'll let you know to go all in. Don't forget to follow me!