Three major events this week:

1. Powell’s speech at 10 o’clock tonight.

2. The key US inflation data CPI will be released at 8:30 tomorrow night.

3. A new stage in the Israeli-Palestinian peace talks

The focus is still on the CPI data. Whether the Fed will cut interest rates this year depends on it.

If it is higher than expected, BTC will break $60,000. If it is lower than expected, it may start a deep V reversal.

The press conference of OpenAI was released last night, and the positive news has been released. Be careful of a sharp pullback of AI sector tokens.