🌞🌞🌞6.12 Market Analysis！！！
Good morning, brothers！
As expected last night, the May CPI data was released positively, driving BTC to rise sharply for a moment, with the market slightly up.
However, the market sentiment quickly changed, and two significant pieces of news suppressed the upward trend, causing a short-term pullback:
Negative news one: Escalation of domestic turmoil in the United States
Riots have been reported in Los Angeles and New York, with conflicts breaking out in Chicago.
Protests and demonstrations have appeared in many places across the country, and the situation continues to deteriorate.
The risk of large-scale domestic unrest has increased, and risk aversion sentiment has risen, putting pressure on risk assets.
Negative news two: Sudden escalation of the situation in the Middle East
The market expects Israel may strike Iran,
The U.S. has urgently ordered a partial evacuation of personnel from the Middle East,
Crude oil prices have soared over 5%, and risk aversion sentiment has quickly risen.
Iran has issued strong warnings, and U.S. troops in the Middle East face retaliation risks.
The Pentagon has entered a state of readiness, and geopolitical risks have significantly intensified.
Market judgment:
The current situation is unstable, and the news is complex,
The market is performing 'mediocre', with increased short-term volatility and higher operational difficulty.
Operational strategy suggestions:
Continue to hold BTC patiently, avoid frequent wave operations,
Reduce positions in altcoins to avoid high volatility risks.
For friends with sufficient bullets, consider positioning in PAXG (gold-backed stablecoin).
Gold has strong risk-averse properties during wars or geopolitical conflicts.
It can also be one of the options for allocating funds in the crypto space as a 'safe haven'.
