The evening rebound of Umi on the Silk Road was once again confirmed in the early morning. Bitcoin aunties have successively reached their targets, with Bitcoin sinking over 1000 points and aunties over 100 points. In the morning, we will continue to rebound.

Next week, Trump predicts indiscriminate tariff attacks, and dollar bulls are on the move! Powell will testify before Congress, and the Federal Reserve faces a major inflation test.

On Friday, Trump hinted at plans to announce reciprocal tariffs against several countries next week. This comes after a mixed non-farm payroll report and a University of Michigan consumer survey showed that consumer confidence has dropped to a seven-month low due to skyrocketing inflation concerns. US stocks fell sharply, with all three major indices dropping over 1% at one point during the day, erasing the week's gains. The dollar oscillated upward, breaking above 108.3 after hearing Trump's tariff threats, but still ended the week down.

Over the past week, concerns about the trade war have lingered in the minds of global investors, with Trump's erratic behavior exacerbating market volatility. Meanwhile, the latest non-farm data and the University of Michigan consumer survey cast a shadow over the Federal Reserve's interest rate cut prospects.

Yumi believes next week will be a turbulent one, leaning towards a rebound trend. The tariff threats have raised concerns about a rise in inflation in the short term and a subsequent slowdown in economic growth. Additionally, US inflation data and Fed Chair Powell's trip to Capitol Hill may be key in influencing US interest rate cut expectations in the near future.
Trump will hardly give the market a chance to blink next week, and further news on his tariff plans will be closely monitored by Yumi and everyone else.