At 8:30 tonight, the US will release the overall CPI data and the core CPI data, which is very important. If inflation falls, the market will pick up. If inflation continues to rise, it will be bearish for the market. At present, the price of CPI is fluctuating around 60,000. What we are waiting for is the data. Then we will choose the direction. Before there is a big narrative event to support the price, it will still be affected by the data in the short term.

Compared with the Federal Reserve, Europe's inflation is much better than that of the Federal Reserve. European Commissioner Knott, who attended the meeting last night, said: The first interest rate cut in June may be a good time. I am very confident that inflation is being achieved in accordance with our goals.

In the next few months, we will see the Bank of England and the European Central Bank achieve their first interest rate cuts, which may be much faster than the Federal Reserve. Global liquidity is returning. There is no reason to be pessimistic about the bull market. The bull market road is tortuous and requires more patience. The Federal Reserve's interest rate level of 5.5% cannot be maintained for a long time. This is known, and the interest rate cut is destined to happen and will eventually come. Tonight may be a turning point. I hope that the CPI data will meet expectations and the market will pick up. No matter how the market changes, just respect the objective facts! #5月市场关键事件 #BTC走势分析 #美国4月CPI通胀数据即将公布