Analysis of hot events in the currency circle on May 10, 2024
1: The number of people receiving unemployment benefits in the United States last night was expected to be 215,000, and the number announced was 231,000, which was much higher than expected. Powell said before that the unexpected weakness in the labor market may prompt the Federal Reserve to cut interest rates. Good news, $BTC ushered in a rebound, and there is a big surprise next week! The US CPI is expected to "cool down significantly"
2: Global asset management has come in, so cherish this bull market! A wave of rising trend is currently brewing, the long and short volumes are gradually shrinking, sideways accumulation, weekly rising wedge, September rate cut expectations, and the probability of subsequent upward changes is very high. Bitcoin is below 60,000 for the sector leaders to buy at low prices
3: The rise in the near $TRB continues, and today $FRONT has an independent market. The next hot spot for altcoins is SSV, ONDO, BOME
