Last night, the release of PIM data raised inflation concerns, and issues in the job market still trouble the Fed, indicating that there won't be a rate cut in September; meanwhile, Bullard's affirming comments about a rate cut in September shocked the market. @Gate_zh
Interest rate cuts do not necessarily mean prices will rise, and no cuts do not necessarily mean prices will fall. Always follow the market to rise step by step. Today, I made two profitable trades in ETHUSDT / LTCUSDT long positions, at least this weekend should be better. @GateFutures
Everyone should take a look at tonight's 20:30 Canada June Retail Sales MoM; and at 22:00 Fed Chairman Powell's speech, as the news is also essential for our trading.
When it comes to news, I mainly look at the signals from the community chats. I have to say that the community has an advantage this time. Ever since I started using the auxiliary line drawing in Gate, the market's upward trend has become clearer. Everyone come and give it a try!
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Last night, the release of PIM data raised inflation concerns, and issues in the job market still trouble the Fed, indicating that there won't be a rate cut in September; meanwhile, Bullard's affirming comments about a rate cut in September shocked the market. @Gate_zh
Interest rate cuts do not necessarily mean prices will rise, and no cuts do not necessarily mean prices will fall. Always follow the market to rise step by step. Today, I made two profitable trades in ETHUSDT / LTCUSDT long positions, at least this weekend should be better. @GateFutures
Everyone should take a look at tonight's 20:30 Canada June Retail Sales MoM; and at 22:00 Fed Chairman Powell's speech, as the news is also essential for our trading.
When it comes to news, I mainly look at the signals from the community chats. I have to say that the community has an advantage this time. Ever since I started using the auxiliary line drawing in Gate, the market's upward trend has become clearer. Everyone come and give it a try!
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