Will US stocks experience turbulence tonight? How does Bitcoin see it?
1. News
1. Market News
From the market's perspective, the recent weekend news mainly concerns the turmoil in the beautiful country. Tonight's US stocks may begin to digest the impact of this news. This week, there are CPI and PPI data, which are indicators of inflation. Pay close attention to the data starting Wednesday. The expectation for interest rate cuts in June is basically zero, and the market generally believes that the rate cut will begin in September. Therefore, July and August might be months without bullish sentiment, and the market could potentially hit a bottom. The high price consolidation in June may take a longer time to move downwards.
2. Market Sentiment
From the market perspective: Recently, there have been more bad news than good news, but these are all short-term issues that cannot be resolved. In the long term, there is no particularly significant news to support the current market trend for further increases or upward movements.
