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In the past week, economic data such as U.S. CPI and PPI slowed more than expected, reinforcing the expectation that the Fed's interest rate hikes have ended, and the market was optimistic that the U.S. economy could avoid a recession, and the 10-year U.S. Treasury yield fell below 4.4% at one point , a new low since late September, due to the market's expectations that the Fed will no longer raise interest rates, and the market believes that interest rate cuts will come sooner, the dollar index, which is negatively correlated with bitcoin, has also been falling, and seems to have reached a short-term low, and the dollar DXY index is around 104, which may have some support. Tuesday's home sales data, monetary policy meeting minutes, Wednesday's unemployment claims data, consumer sentiment index, and Friday's manufacturing services PMI data.
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