The horizontal consolidation has lasted for 7 days, and a change is imminent

On April 24, I posted that this rebound couldn't gain momentum, is it coming true?

Some people say I'm out of my mind, may I ask, is this a slap in the face?

Three rebounds to 95,000 were immediately pushed down, trading volume increased, yet the price

couldn't rise, indicating that there is significant selling pressure above.

There are many news updates this week, tomorrow at 22:00 pay close attention to the release of the PCE inflation data. This time, the market predicts a significant decrease in PCE, with PCE dropping by 0.3% and core PCE dropping by 0.2%, completely opposite to the previous expectation of rising inflation.

If PCE crashes, it would be a huge benefit for the Federal Reserve to cut interest rates!

The specific news updates and key points for this week have been posted, so those interested can check it out on my homepage.

Remember to follow Hashini for daily updates and sharing~