Tonight, the US April CPI data completely exceeded expectations, with both the overall CPI and core CPI higher than market forecasts, reaching a recent high, directly driven by Iran geopolitical conflicts and rising oil prices, reigniting inflation.

The data negatively impacts rate cut expectations, the dollar initially surged then retreated, and gold fluctuated and strengthened.
Corresponding to the crypto market: high inflation + delayed rate cuts, Bitcoin and altcoins are under overall pressure, with bearish logic further reinforced, and the subsequent trend continuing to be weak and volatile, with priority on shorting in line with the trend, and strict position control to cope with fluctuations.
#特朗普5月13日访华
#TROLL两日涨超160%