Key macro events in May: On May 12, CPI data will be released. The market expects 3.5%, but due to the oil price trend, the actual figure could reach 3.8% or even 4%, putting the accuracy of data compilation to the test. On the same day, there will also be a 3-year short-term debt auction. Then, on May 13 and 14, 10-year and 30-year U.S. Treasury bond auctions will be conducted, with the specific times to be determined—this will be an important test for the U.S. Treasury market this year. Currently, the market is in a period of passive inflow and within the buyback window. In the short term, capital support may trigger mechanical upward moves for a few days. The key time window to watch is from mid-May to mid-June. The bears should plan their positions in advance and avoid entering the market in a rush. Short selling should not be reckless; when the time comes, exit promptly and wait for the next opportunity. Mindset management is crucial. #Gate广场五月交易分享