📉 The Recovery Momentum of Weak Crypto Ahead of US Inflation Report



The cryptocurrency market is gradually losing its recovery momentum after bouncing from last week's lows. Selling pressure re-emerges as technology stocks and gold decline simultaneously, while investors await important US inflation data and new signals from the Federal Reserve (Fed).

🔹 The upward trend of crypto is stalling after a strong rebound from last week's lows.

🔹 Technology stocks and gold are decreasing in value, weakening risk appetite in the financial markets.

🔹 Investors are focusing on the US inflation report, a factor that could significantly impact interest rate expectations.

🔹 The monetary policy outlook remains cautious, as former Fed Governor Kevin Warsh is believed to continue maintaining a "hawkish" stance on interest rates.

🔹 Short-term volatility may increase if inflation data exceeds expectations, causing the market to adjust its forecasts for Fed rate cuts.

📌 Notably: The upcoming US CPI report is the market's focal point. Higher-than-expected inflation results could put short-term pressure on both crypto and other risk assets.
$BTC $ETH
BTC2.38%
ETH1.96%
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OldLifeAndDeath,NewLife
· 9h ago
Fiat currency only leads to inflation
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DakerJin
· 10h ago
Carefully monitor 🔍
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