According to Deep Tide TechFlow, on May 8, QCP Capital stated that the Federal Reserve announced the federal funds rate would remain unchanged during last night's FOMC meeting, reaffirming economic resilience and inflation targets. President Trump's new tariff plan adds uncertainty to the economy, but Federal Reserve Chairman Jerome Powell indicated that the cost of patience is low.
Trump previewed a significant trade agreement in the morning, and the market speculated that the UK might be the signing party. The cryptocurrency market reacted quickly, with Bitcoin rising 2.74% to surpass $99,000, and ETH soaring 6.89% to exceed $1,900.
The options market shows increased demand for call options, with traders optimistic about improvements in the macro environment. The US stock market opens with a focus on whether the rise can be sustained or if a pullback will occur. We maintain a tactically cautious stance, as Bitcoin has not stabilized above $100,000, chasing gains is limited.
