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Tonight, the U.S. April CPI data completely exceeded expectations, with both the overall CPI and core CPI higher than market forecasts, reaching recent highs, directly driven by Iran geopolitical conflicts and rising oil prices, reigniting inflation.
The data negatively impacts rate cut expectations, causing the dollar to spike briefly before retreating, while gold fluctuates and strengthens.
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. In trading, prioritize riding the trend for shorting, and strictly control positions to handle fluctuations.
#特朗普5月13日访华
#TROLL两日涨超160%