There was also a CPI data in the evening. The previous value was 2.9 and the forecast was 2.6, which was a decrease of 0.3%. This decrease in the annual CPI interest rate is not necessarily a good thing for the current market, because the decrease proves that the US economy is indeed in recession, and $BTC is already at a critical turning point.
After operating a few contracts on Monday and making profits, I didn’t play much. I placed a few orders and they all fell before they went up. I said in the morning that I am more bearish and the CPI is at a critical time. I think the dealer will take advantage of the market liquidity even if it does not rise.
If you don’t want to be the liquidity of this market, the best way is not to wait for the interest rate hike on the 18th. There will definitely be a rate cut, which should be 25 basis points. The subsequent market will be more interesting. Although you can earn some contract money now, you will find that it is better not to play and waste the handling fee when you play to the end. You may even lose money until the eve of dawn. When the market comes, there is no bullet. It is the most tragic to watch the market rise alone.
So everyone should reduce the operation frequency as much as possible and wait for the real one-hit win.
