Market Direct Hit 4.26
The PCE released tonight is higher than expected, the expected is 2.7%, and the announced is 2.8%
The probability that the Fed will keep interest rates unchanged before the end of the year is close to 20%.
A month ago, this probability was less than 1%.
Every time data is released, it is a heavy blow to the expectation of interest rate cuts.
At 10 o'clock in the evening, the final value of the consumer confidence index will also be released, with an expected value of 77.9
If it is higher than expected, it will still be bearish
After the data is released tonight, we will look at the non-agricultural data released on May 3 and the CPI data released on May 15
During this period, it is difficult for BTC to rise sharply
If there is a war conflict, it will become more vulnerable
Therefore, tonight we will reduce our position to 30%, and use 1/3 of the funds to play
It is recommended to hold more bullets and wait for a turnaround
