June 10, 2026, 10:05 AM BTC/ETH/XAU/US Stocks Simple Analysis: How to View Tonight's CPI?


That night, the market claimed 115,329 lives, $426 million vanished into thin air; is your name among them?
Last night’s market continued to be extremely boring. With tonight’s CPI forecast being bearish, everyone held back from trading last night. Under the demand for a market dip, the most repeated phrase was that the US stocks’ rise is real, and the fall is real too;
If tonight’s CPI May annual rate is in line with expectations, it will mark three consecutive months of inflation rebound, perfectly coinciding with the US-Iran conflict. The bad news is that the probability of rate hikes at the end of the year might increase a little. The good news is that the daily traffic through the Strait of Hormuz has reached 1/10 to 1/5 of what it was before;
BTC
Support levels at 60,000/57,500/48,800
Resistance temporarily set at 67,135
Tonight’s CPI, currently expected to continue to be bearish, will likely lead to rate cuts, still putting pressure on gold and risk assets. As discussed in yesterday’s morning session, there is a need for a pullback to test support and a second bottom. Last night’s decline was testing these levels;
This demand has not yet been fulfilled. Let’s see if in the afternoon or evening it tests the 60,000 level again, and whether tonight’s CPI release will cause a sharp drop like the Non-Farm Payrolls report. It’s worth watching. The more critical the moment, the more strict we should be with take-profit and stop-loss.
ETH
Support levels at 1,555/1,385
Resistance temporarily set at 1,900
Trend follows Bitcoin;
XAU continues to be dragged down by data, the market remains pressured. Last night, gold dropped another $200. After last week’s Non-Farm Payrolls and this week, gold has become unstable. That’s not a good sign. If the most stable asset globally is unstable, it means a major upheaval is coming!
Today, watch whether the key level of 4,000 breaks. If it breaks with increased volume, it could open a $600–$1,000 drop space!
US stocks, stimulated by SpaceX’s listing, continue to be under pressure. Last night, they surged first then fell back, with declines over 10%. This shows that US stocks’ rise is real, and their fall is real too. The good news: SpaceX’s oversubscription was 4 times, nearly $250 billion. The bad news: these funds came from elsewhere, meaning Elon Musk single-handedly drained liquidity from other assets! US stocks are not afraid of falling; only then do opportunities arise!
Trading advice does not constitute any investment basis: This week’s market is more challenging than last week. We haven’t even opened a single contract this week. Stay steady, be patient. If there are good targets, send them to “Sao Ge”. If the trend is reasonable, both longs and shorts have a chance to act together!
#Gate直通IPO认购SpaceX
ETH-2.41%
BTC-2.3%
XAU-3.11%
SPCX-1.19%
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TwoWhiteStartsABusinessKing
· 1h ago
Just charge forward 👊
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TwoWhiteStartsABusinessKing
· 1h ago
Just charge forward 👊
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