1. The U.S. April CPI will be released tonight, the biggest variable today


Market expects CPI to rise again, with persistent high inflation, once the data exceeds expectations, the Fed's rate cut expectations will be further delayed, the dollar will strengthen, and Bitcoin will be under direct pressure to fall; if CPI is below expectations, it will temporarily benefit the rebound of cryptocurrency prices.

2. Iran geopolitical conflict continues to intensify
The ongoing tension in the Middle East pushes oil prices higher, increasing inflationary pressure, indirectly reinforcing the expectation of "high inflation hard to cool down," which is overall a bearish factor for risk assets (BTC), representing a long-term suppressive factor. #TROLL两日涨超160% #特朗普5月13日访华
BTC-0.37%
TROLL-1.49%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin