#美国5月CPI创三年新高

Currently, the biggest factors affecting cryptocurrencies, gold, and U.S. stocks are interest rate hikes.
This involves market liquidity issues.
Tonight's CPI data of 4.2% met expectations, so the impact is minimal.
Meeting expectations essentially means there were no surprises.
It did not exceed expectations.
There was neither a significant negative impact nor a reversal into a positive turning point.
Therefore, the impact is small.
But the market's negative environment due to rate hikes is still ongoing.
Compared to the day when non-farm payroll data was released, which had a 42% chance of rate hikes this year,
the probability of rate hikes after today's CPI release has increased to 60-70%.
The probability of a rate hike around September is about 45%; around October, about 60%; and at least one rate hike by the end of the year is roughly 70%–75%. (The chart shows CME's un-updated rate hike probability forecast table.)
I am waiting for the speech by Waller at 2:30 a.m. on the 18th to see what signals Waller will send, and we will continue to track and update accordingly.
June will definitely maintain the current interest rate.
The upcoming market trend will still be influenced by the current negative market sentiment, combined with technical and emotional analysis.
Look for opportunities for a rebound after an acceleration.
Because if Waller's comments are dovish, the market will rise immediately (a turning point appears).
If they are hawkish, the market will fall then rise again (negative factors are exhausted, expectations are fulfilled).
So, before the 18th, patiently wait for opportunities to take profits on short positions and set up for swing long positions to catch rebounds. (U.S. stocks are synchronized.)
That's all for today, more next time!
#$BTC $ETH