The most dangerous time in the market is not when bad news appears, but when good news begins to lose its effect.📉

Recently, the market has been strangely conflicted.😶

Good news is increasing,

But funds are becoming more cautious,

Even feeling

Like everyone is waiting for someone else to make the first move.

——

The US May CPI recorded 4.2%.📊

Core inflation continues to slow down,

Expectations of rate cuts are heating up again,

Logically,

This should be data that risk assets love to see.

In the past two years,

The market has been suffocated by high interest rates,

Now finally seeing a glimmer of change.✨

——

Strangely,

Funds haven't become completely excited because of this,

Because on the other side,

The Middle East situation is still fermenting.⚠️

Airstrikes,

Retaliation,

Strait risks,

Energy markets are sounding alarms again.🚨

Everyone understands,

If oil prices spiral out of control again,

Then the recently cooled inflation

Could surge back at any time,

And expectations of rate cuts

Could also be postponed again.

——

Against this backdrop,

SpaceX completed its pricing.🚀

$75 billion fundraising,

$1.77 trillion valuation,

Breaking the record in capital markets,

Countless funds are gathering in the same direction,

As if the whole world is waiting for the next wealth myth.

But the market has a cruel rule:

When everyone is discussing the same opportunity,

The opportunity itself is often no longer so cheap.👀

——

What’s more thought-provoking is,

Gold is starting to retreat.🥇

Safe-haven assets are not continuing to surge wildly,

The crypto market is not experiencing the imagined frenzy,

BTC is rising.📈

But chasing the rally, funds are not very active,

ETH and altcoins are still hesitant,

The whole market seems to be waiting for something,

Or afraid of something.

——

Meanwhile,

Long-awaited regulatory progress in the crypto industry remains full of twists and turns,

The CLARITY Act faces setbacks,

And the US Treasury’s TGA account continues to expand.💰

Constantly draining market liquidity,

These invisible changes

Are far more important than daily fluctuations of hundreds of points.

Because a bull market relies on sentiment to start,

But it depends on liquidity to sustain.

——

The World Cup has begun.⚽

Everyone around the world is guessing who the final champion will be,

And the capital markets are the same,

Some bet on rate cuts,

Some bet on escalating conflicts,

Some bet on AI,

Some bet on space economy,

Everyone thinks they are on the right side,

But history repeatedly proves,

The biggest winners in the market

Are often not the most accurate predictors,

But those who survive the longest.💡

——

The current market

Seems full of opportunities.✨

And full of risks.⚠️

Expectations of rate cuts are releasing hope,

Geopolitical conflicts are creating panic,

Super IPOs are attracting funds,

Regulation and liquidity are constantly exerting pressure,

All forces are pulling against each other,

And the next big trend

Is very likely to emerge at this point of greatest divergence,

Because markets never take off when everyone understands everything.🚀

They always rise amid doubts,

And end amid cheers.📌

When everyone starts to believe in the same story,

What you should think about most

May no longer be where the opportunity is,

But where the risk is hiding.🌹 Trump’s track Conan, the ecosystem is online, opportunities are rare.