Bitcoin has fallen, remaining below the psychological key level of $110,000. Trade Nation analyst David Morrison said in a report that investors are cautious ahead of the release of U.S. inflation data, which may show that tariffs are driving up prices. Morrison stated, "The market is clearly lacking confidence and tends to wait and see until today's U.S. inflation data provides clearer information on interest rate expectations."#CPI数据来袭 $BTC
Yesterday's summary can be summed up in two words: straightforward!
A consecutive victory on Monday, indeed welcoming a good start!
Yesterday's judgement was completely validated, and I had already informed everyone in advance: bearish in the early session, Ethereum retraced as expected; in the afternoon, I repeatedly emphasized the layout for long positions, Bitcoin and Ethereum both reached the second target levels - 108000 / 2570!
On June 5, the U.S. Department of Commerce announced on Thursday that the U.S. trade deficit in April sharply decreased by 55.5% to $61.6 billion. U.S. imports fell by 16% from March to $351 billion in April, while exports rose by 3% to $289.4 billion. This resulted in a trade deficit of $61.6 billion, the smallest deficit since September 2023. In April, imports of consumer goods decreased by $33 billion, with a significant drop in drug imports. Car imports decreased by $6.4 billion. Data shows that the significant initial effects of the White House's tariff increases in early April, but the future trajectory remains unclear.
Good afternoon, brothers! 🐶 The stake is washing the stone again, the midday four-way is a perfect interpretation, the upward movement is blocked and as expected welcomes the downward movement, perfectly reaching the destination, and at night, it is still mainly about the pullback.