The market is not a casino; it is a hunting ground.
The account currently has a 62% position, half of which is in mainstream coins (BTC, ETH, BNB, CRV). Be cautious in going long, and set proper stop-loss and take-profit levels. Currently, it appears to be in a localized fluctuation, unable to break out of the larger trend.
Main market trends:
The US dollar index continues to weaken, hitting a 5-month low at 103.4.
Gold prices have surged, approaching the historical high of $3040 per ounce.
Oil prices have exhibited a V-shaped reversal, influenced by the agreement to not attack energy facilities in the Russia-Ukraine conflict.
The three major US stock indices have collectively declined, with technology stocks leading the drop.
Hong Kong stocks performed strongly, with the Hang Seng Index rising by 2.46%, and technology stocks showing outstanding performance.
Important events:
Middle East situation: Israel launched airstrikes on Gaza, resulting in over 400 deaths.
Russia-Ukraine conflict: Both sides agreed not to attack energy facilities for 30 days.
Canadian inflation unexpectedly rose to 2.6%, cooling interest rate cut expectations.
NVIDIA's GTC conference released the next generation of AI chips and other important products.
Xiaomi reported strong financial results, with both revenue and net profit hitting historical highs.
Recent focus points:
Today's Bank of Japan interest rate decision.
Eurozone CPI data.
US EIA crude oil inventory.
Federal Reserve FOMC interest rate decision and Powell's press conference.
