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Tomorrow is the weekend again. This week has indeed been a bit of a roller coaster, but it's quite exciting, and there is still a lot of room for maneuver.
Last night, Old Bao said: we might need to reconsider the average inflation target. The general idea is that the inflation rate doesn’t necessarily have to be kept below 2%. Even if it’s a little higher, we can still accept it and withstand it. It’s still a relatively hawkish statement.
In the same period, US retail sales increased by 0.1% month-on-month, slightly better than expected, but clearly slowing down, indicating that American consumers have little desire to spend.
The day of interest rate cuts is not far away, everyone get ready.
Currently, the fluctuations in Bitcoin seem to be a washout, as I mentioned before, the script is that it won't give you a chance to get on board.
If it does not return to the current support level and stand firm, there will still be the possibility of a pullback.
If you stand firm, then start to exert force northward, with a big wave of the hand, the wind blows north, it will definitely be a decisive move, the overall direction of the script is just like this.
As for the weekend, the market sentiment fluctuates little, and it can still operate within the range box unless unexpected events occur.
Auntie still needs to pay attention, after all, when the big cake was above 100,000, Auntie was at a position above 3,000. Comparing with Auntie's current position, it seems a bit awkward.
So, pay attention to the contrasting trends between the mistress and the big pancake.
The above is my personal opinion and should not be taken as trading advice.
Weekend operations, remember not to be impulsive, using light positions with stop-loss is the most stable rule.

#BTC #ETH
BTC-1,68%
ETH-3,45%
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