Let's talk about macro issues

1. Key points to focus on this week: This week, many Federal Reserve officials will be giving speeches, with the most notable being Powell's speech on Wednesday, which we should pay close attention to. In terms of data, the core PCE price index to be released on Friday is crucial, as it reflects a lot of economic conditions.

2. The relationship between oil prices, inflation, and interest rate cuts: Analysts at Bloomberg Economics mentioned in a report that the current geopolitical situation is complex, and with the expiration of reciprocal tariffs in the U.S., these two factors together could cause oil prices to soar like a rocket. As oil prices rise, the CPI will also increase, putting pressure on inflation, making it difficult for the Federal Reserve to cut interest rates.

3. Trump's statements and impacts: Trump said that to make Iran “great again,” he is willing to push for a “regime change” in Iran. Such U.S. intervention will undoubtedly increase geopolitical risks. Everyone should pay attention to the performance of U.S. stocks, especially tech stocks, as they significantly influence the cryptocurrency market.

4. Liquidation data situation: From the liquidation data in the last 24 hours, it can be seen that mainly long positions have been liquidated. What does this indicate? Currently, the atmosphere in the market is particularly bearish, with many people holding a negative view on the market.