An important data release is coming up, which is the U.S. CPI for April. If the data is favorable, the probability of a rate cut will increase; otherwise, it will decrease. The market currently predicts it will be in July. Last night, the U.S. stock market opened high and rose, but signs of a market correction appeared, with the index experiencing a waterfall decline. Almost every time Trump releases positive news, both the index and altcoins undergo significant corrections. It is recommended to mainly observe the current market situation and not to enter the market. The overall market is still on a downward trend, and it is not advisable to chase short positions. Wait for a pullback and then consider shorting at a higher point. I will also continue to pay attention to market news and will enter the market to layout whenever there is an opportunity. #贸易战缓和##特朗普宏大减税法案#
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Good evening, iron brothers!
An important data release is coming up, which is the U.S. CPI for April. If the data is favorable, the probability of a rate cut will increase; otherwise, it will decrease. The market currently predicts it will be in July.
Last night, the U.S. stock market opened high and rose, but signs of a market correction appeared, with the index experiencing a waterfall decline. Almost every time Trump releases positive news, both the index and altcoins undergo significant corrections.
It is recommended to mainly observe the current market situation and not to enter the market. The overall market is still on a downward trend, and it is not advisable to chase short positions. Wait for a pullback and then consider shorting at a higher point.
I will also continue to pay attention to market news and will enter the market to layout whenever there is an opportunity. #贸易战缓和# #特朗普宏大减税法案#