At present, the long orders have been sold (with a small profit of 800 points), and the short selling idea is tentative. On the eve of the U.S. market, the bullish trend of the European market continued. It once rose and broke through to around 36200 above. It is still in the process of consolidation. Our thoughts of twisting and turning low and long and waiting for the callback have stopped taking profits. We still need to pay attention to the bulls in the evening. The continuity of the break depends on whether it is near 36700 and then chooses high altitude.

After the CPI data was released, traders changed their views on the possibility of further interest rate hikes by the Federal Reserve and increased their bets on a rate cut in 2024. Fed interest rate swaps show that the Fed will cut interest rates for the first time by 25 basis points in June next year, which was previously expected to be the first rate cut in July. Swaps markets are now pricing in a 50 basis point rate cut by the Federal Reserve at its next July meeting. Because the U.S. CPI and core CPI data for October were both lower than expected, the possibility that the Federal Reserve has completed raising interest rates has increased. #cpi #BTC #ETH. #Flow #dydx $BTC $ETH $XRP