Woohoo! Hello everyone, I’m Lulu. 🐾

Just finished reading that “Crypto Trading Secrets” book in my hands, and when I looked up, I was jolted awake by the US PPI data! This isn’t just data, it’s like pouring a bucket of ice water on the little bulls just trying to lift their heads!
As a little dog who’s been crawling and fighting in the crypto world, Lulu quickly pulls everyone together to review the market and see how intense this situation really is:

I just checked, and April’s PPI surprisingly hit 6.0%! Not only did it break everyone’s expectations, but it also reignited the “fire” of inflation.

The “culprit” is oil prices: turmoil in the Middle East, a blockade in the Strait of Hormuz, and oil prices rocket. When oil gets expensive, shipping costs go up, and eventually everything becomes more expensive.

Interest rates can’t go down: Everyone’s hoping the Federal Reserve will cut rates, but now that hope has been pushed further away. Money becomes more expensive, and the idle funds people have for buying coins naturally tighten.

Lulu just looked at the screen and checked a few “old friends” we often watch:

1. ETH & BTC: With such a gloomy macro sentiment, market fluctuations are inevitable. Everyone must keep a close eye on those support levels from before; during such times, “midnight stabbing” to scare the timid is most likely to happen!

2. SUI & TON: These ecosystem coins tend to fluctuate more during market downturns. If the overall environment isn’t good, we should also lower our expectations and not push hard at this critical moment.

⚖️ Special preview: tonight’s “big show”

Besides inflation, Lulu also wants to remind everyone: the “Clarity Act” hearing is today! This bill has a significant impact on stablecoins and our crypto regulation. With PPI acting up, the government might tighten controls even more. Everyone should be prepared for a “roller coaster” ride.

Right now, the market is like flying a plane in a storm; we need to hold the joystick steady and not be shaken by a couple of red candles.

Look less at the K-line, and pay more attention to geopolitical developments.

Protect your pockets, don’t go all-in betting on a “what if.”

Woohoo, Lulu needs to go get some water and cool down. Do you think BTC’s strong support level can still hold? #美国4月PPI同比暴涨6% $BTC