Pancake 118,000, Concubine 4,550, BNB 840.
The pullback has finally arrived. The latest announced PPI in the U.S. far exceeded expectations, which is the trigger, and the prospects for the Fed's interest rate cuts have become uncertain again.
At the same time, I bought 2 e spot, but took profits during the rebound. I'm a bit timid. If it continues to drop to a good position, I'll add more.
The concubine has risen too quickly in the short term and needs to pull back to wash out some positions. The logic hasn't changed; Wall Street has entered with unlimited ammunition.
In a bull market trend, every pullback is an opportunity to add positions. But make sure you always have ammunition and a safety net; avoid high leverage.
Tom Lee: PPI is just a minor issue; there has been buying every time since the end of 2022.
JPMorgan: The growing scale of stablecoins in the Ethereum ecosystem may continue to drive ETH upward.
