Major financial events of the week

There are three focuses this week. The first is the February CPI data of the United States. This is the last key data before the March FOMC meeting. It is expected that core inflation will increase by 5.5% year-on-year, a slight decline from the previous month, but prices are still high. The second is the ECB meeting, which is expected to raise the policy interest rate by 50 basis points and maintain a hawkish attitude. However, the possibility of a 25% interest rate hike due to the bankruptcy of Silicon Valley Bank cannot be ruled out. Today, the Federal Reserve rescued the expectation of a 50 basis point interest rate hike. The third is the National People's Congress's review and approval of the main members of the new government.

Let's talk about WEB 3

The crypto market has been thundering for the past two weeks, with BTC falling below $20,000 at the weekend. The crypto market is affected by the interest rate policy of the Federal Reserve and is highly correlated with U.S. stocks. Recently, the United States and some other countries have been increasingly calling for compliance supervision of the crypto market. Hong Kong has also seen frequent good news. I believe the future of the crypto industry is bright, but the road is tortuous. The bear market is long and dark, but spring will also come. For BTC and ETH, I just stick to the big cycle. Slowly investing in the bear market is a good choice.

This week's hot tracks are: Dragon 1: Decentralization is the soul of the industry and the only way for the industry to develop. Corresponding varieties: DYDX, GMX, UNI, CAKE. Dragon 2: This infrastructure construction sector (new public chain) and new currency concepts. Such as: OP, APT. Dragon 3: LTC, DASH, the concept of production reduction. Special attention should be paid to the rebound opportunities of the Hong Kong sector: CFX, FIL, etc.

Conclusion: Irregular daily reviews are only for organizing one's own investment ideas. Views are also formed based on one's own cognition. The corresponding currencies are only for reference and do not constitute advice. DYOR.