Tonight's three-way game: CPI, dot plot, and Powell's speech. Whether it is data or speech, it is essentially nothing more than continuing to trade the expectation of interest rate cuts, recession expectations, or delaying the expected interest rate cuts, just like the non-farm data came out last week. As long as the data and speech feedback continue to trade the expectation of interest rate cuts, it is positive. The rest is negative.
Of course, even if it is positive, #BTC will rise, but it will hit 72,000, and it will not be much higher. So in this case, the cottage will also rise, but it is also based on the low point of the cottage when BTC is at a low point. It is not realistic for the cottage to break through the high point of around 73,700. Most of them are unrealistic. Tonight, it all ended with Powell's speech.
The Fed knows that we know, and the market will believe the Fed's words. The Fed anticipates our expectations, so be cautious with leverage tonight, don't bet on long and short, tonight's market is not as simple as rising and falling.
It may go up, down, up, down, up, down, up (I'm just making this up), or it may go down, up, down, up, down, up, down, up (I'm just making this up)
Over there, watch the live broadcast, the dot plot and Lao Bao's speech after 2:00 a.m. Lao Bao has already received the true teachings of Zhang Sanfeng, the founder of Tai Chi.
