《Good news, grasp the entry point of the callback》
The CPI data has been released, reaching a three-year low, and immediately after the release, the Fed traders expected that the Fed had a 25% chance of cutting interest rates by 25 basis points for the third time this year.
At the first time of the data release, such a big positive news, why didn't it rise? This is a common question for many people. Tucker analyzed that there may be three reasons
First, once the good news came out, everyone knew whether they had already prepared long orders, leading to the need to smash the market and clear the leverage before rising
Second, the market was frustrated in the last two weeks, and the mood has not recovered. More people are still holding a watching attitude, and no more funds have entered the market, resulting in no immediate rise.
Third, once the price came out, the focus was on Pie and Ethereum. I believe that many fans and friends also went to see the increase of Pie and Ethereum first, and then looked at the copycat in their hands, so that the funds were also on Pie and Ethereum. In this way, when there was no more capital inflow, Pie was sucked blood.
Now it is a safer way to build positions on dips in BOME. The positive effects of CPI are not limited to this. Now we just need to wait until BOME breaks through the pressure level (59990), and funds will flow into the cottage industry, and then BOME will ride on the wind and rise all the way.
If you want to earn more gains, start building positions on dips.
It is safer to wait until BOME breaks through the pressure level and then gradually build positions.
