Breaking: Just now 2 billion U entered the market + Powell is dovish, danger for bears!

At this moment ETH 2510, the US stock market is in free fall, should we short now?

Answer: Not recommended! $BTC

1. After the previous article, after 1 billion USDT entered, Tether issued another 1 billion at 20:09, a sudden entry of 2 billion real money within an hour tonight.

2. Tonight's annual rate and monthly rate are both positive news for the cryptocurrency market. PPI is an "upstream signal" of inflation; if PPI continues to weaken, it indicates declining inflation pressure, and the probability of the Federal Reserve lowering interest rates will increase.

3. Powell just spoke and emphasized one point: not commenting on the outlook or monetary policy: April PCE may be around 2.2, very close to the target of a 2% rate cut. It should be noted that this data will officially be released on May 30, a spoiler alert.

4. Additionally, the increase of USDT does not mean that the cryptocurrency price will rise immediately, but whales definitely believe that the current price is suitable. I believe the risk of shorting is relatively high right now.

Once interest rates are cut, the sentiment in the secondary market will quickly spread to the primary market, and meme coins in the primary market will surge rapidly, as seen in the past. Furthermore, during this market, President Trump's dog Conan is worth paying attention to.

67418568397

#美国PPI数据来袭 #美国加密立法 410933871703199464465027535181174