#ETH
《CPI Data Alert — Beware of Market Reversal》
After the overall market rebound, it has reached a bottleneck. Will it continue to break through and usher in a new round of rebound, or will it stop here and start to consolidate? The CPI data may have some impact on the market trend.
The U.S. seasonally adjusted CPI year-on-year for the end of May was 2.3%, with market expectations at 2.5%, and the published value at 2.4%, which is favorable.
The U.S. seasonally adjusted CPI month-on-month for May was 0.2%, with market expectations at 0.2%, and the published value at 0.1%, which is favorable.
The probability of a rate cut by the Federal Reserve in June has dropped to very low levels. Coupled with the turbulent situation, it's advisable to be cautious and observe more while acting less. Maintain a fixed half position and flexibly utilize the other half for high selling and low buying while waiting for the market movement.