$BTC US CPI inflation data 2.4%:
Indicates that inflation is very stubborn and hard to control!
The Federal Reserve's interest rate cut in July is completely off the table!
US Treasury rates are still extremely high, and Trump is also in a bind. No rate cut? It's like a fishbone stuck in the throat, extremely uncomfortable!
US-China tariff negotiations:
On the surface, it seems beneficial, but in reality, it is more concessions from the East.
Trump has won again!
Can't understand why the 'supreme' village chief (China) would compromise? But since an agreement has been reached, tariffs are temporarily stable, which has little subsequent impact on the market, barely considered a positive.
US stocks:
Have already risen to a high position, the weekly chart is nearing the top, and a major correction is very likely!
If US stocks do poorly, the cryptocurrency market won't fare well either! $BTC