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🔥 Brother Tong's Analysis | April CPI bearish data lands, trend remains unchanged!
【Data Overview】
• Unadjusted YoY CPI: 3.8% (previous 3.3%, expected 3.7%)
• Seasonally adjusted core CPI monthly rate: 0.4% (previous 0.2%, expected 0.3%)
• Core CPI YoY: 2.8% (previous 2.6%, expected 2.7%)
Inflation stickiness exceeds expectations, short-term bearish selling and shakeout, but does not change the long-term bullish trend.
Don’t panic! After digesting the emotions through volatility, a pullback is a low-entry opportunity. $BTC $ETH