Powell mentioned in his speech yesterday that the lack of further progress in US inflation in the first quarter is worthy of attention, and the inflation rate is expected to fall month-on-month. The PPI data is actually mixed, and it is unknown whether inflation will continue. Powell said that he does not think the next move may be a rate hike, and it is more likely to maintain the policy rate at the current level. Service inflation does not need to fall back to 2%. The monthly increase in the US producer price index in April was higher than expected due to strong increases in service and commodity costs, indicating that inflation was still high at the beginning of the second quarter, but the CPI index to be released tonight may provide new clues for the long-awaited timing of the rate cut. In addition, Knott said that the European Central Bank may choose to cut interest rates in June, which may provide conditions for the United States to harvest Europe. The United States has recently harvested Japan and Southeast Asia. We believe that before the United States harvests Europe, it is very likely to harvest the cryptocurrency market together. We suggest that everyone wait patiently for the CPI data to be released. Higher than expected is bearish, and lower than expected is bullish. #美国4月CPI通胀数据即将公布 #BTC走势分析 #5月市场关键事件 $BTC $ETH