Tonight's decisive battle for CPI! Will it skyrocket?
The market expects that CPI will drop significantly compared to before. In fact, the US stock market has risen for several days in advance, and the cryptocurrency market has also risen. Therefore, the market has actually priced in this positive news.
Whether there will be additional gains tonight depends on whether the data can be lower than market expectations. At present, the market expects CPI to fall to 3.1%, and the probability of being lower than this number is actually not high. However, the market expectation for core CPI is not high, still at 3.4%, which can be expected.
I think the cryptocurrency market has fallen to the bottom, even if it is negative, the decline will not be too large; but if it is positive, there should be a large increase. In the long run, the reduction in CPI will prompt the Federal Reserve to cut interest rates earlier, and the September rate cut is almost a foregone conclusion.
Therefore, the subsequent bull market will slowly start with the release of water. What we have to do now is to wait patiently, and at the same time, we can buy low and sell high in normal times to carry out band operations.
As I said, at this stage, we are planning some good currencies
If you believe, are interested, and want to witness the strength
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