This set of hot 🔥 CPI data and market movements is the most significant macro bombshell in June.



Just released, 💣 the US May ❗ CPI annual rate is 4.2%, returning to the 4% level and hitting a new high since April 2023.

At the moment the data was announced, US stock futures and gold briefly rebounded, and the market's tense string finally loosened. But everyone breathed a sigh of relief—"at least it didn't exceed expectations."

At the same time, $BTC briefly broke through $62,000! The entire network's liquidation in 24 hours reached $443 million—long positions $339 million, short positions $104 million. This double kill of longs and shorts made it hard for traders not to feel the pressure.

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📊 provided three key signals:

BTC pulled back from the daily high of $59,353 to around $61,700. The current RSI6=68.28, not overheated yet; MACD golden cross pattern is beginning to show 💰

$ETH has volume around $1,647. RSI6=81.02 indicates a short-term surge is underway. EMA5 has crossed above EMA20—small steps are steady 🔁

$H quickly rebounded from yesterday’s low of $0.1217! Currently at $0.1728, RSI6=79.43 shows strong momentum ⚡️

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📌 The core focus is CME data: 98.2% probability of holding interest rates unchanged in June; the likelihood of rate hikes by the end of the year has dropped to 68.5%. The data didn't exceed expectations, and the December rate hike expectation has decreased—this is the real signal the market is giving 👀

Additionally, the FOMC meeting on June 17th marks Waller's first appearance as Fed Chair; his stance is even more critical than the CPI itself—those with historical experience know that rate hike expectations are more damaging than rate hikes themselves.

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💎 There’s a saying in the industry: "Bad news hitting the ground is good news; bad news being digested early is an opportunity."

BTC relies on the $60,638 low; ETH holding steady at $1,650 is the first hurdle; $H needs to watch its high at $0.2018—if broken through, the momentum space will open directly!

Patience until the FOMC results are out, don’t guess the top or bottom; the market doesn’t move in a day, opportunities are always there, stay in the game—only the survivors will win 🏆

Follow Coin Brother, who provides the first-hand macro data analysis every day, helping you see through the market’s true cards 🔑
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