Last night, the Bank of England announced its interest rate decision, maintaining the interest rate at 5.25%, which is the sixth consecutive time that it has remained unchanged. The Bank of England said that the risk of persistent inflation is weakening. Governor Bailey said that the CPI data is expected to be close to the target level in the next two months, and said that the possibility of a rate cut in June has not been ruled out and is not in the plan, but traders have increased their bets on a rate cut in the UK, tending to cut interest rates in June.

As the Bank of England Governor Bailey said, the global inflation shock is fading rapidly, and the European Central Bank is also preparing to cut interest rates. Will the Fed be far behind? A week ago, the Fed announced that it would slow down the pace of balance sheet reduction, which means that the Fed has taken an important step on the road to rate cuts. At present, it is just waiting for an opportunity to cut interest rates. Brother Ming is sure that the Fed will cut interest rates, but in the short term, we need to get through these boring shocks. After all, it takes some time to switch from a tightening cycle to monetary easing. What is certain is that the Fed will cut interest rates this year. After the market liquidity is sufficient, funds will enter the market and continue to support the rise of US stocks/big cakes.

Former US President Trump announced that he would accept donations in the form of cryptocurrency, and teased Biden that he didn't even know what cryptocurrency was. He promised to stop being hostile to crypto and embrace it. If Trump wins the final election, it will be a big boon for crypto. It seems that Trump knows what young people want. Putting aside the election, from the perspective of the simple pie cycle, October and November are also good months for rising. Everything is the best arrangement. The Federal Reserve may cut interest rates in September to change market liquidity, and the general election in November. The bull market continues to dance one after another. In the short term, it is nothing more than waiting. As the saying goes: make long-term deterministic investments. $BTC #BTC走势分析 #5月市场关键事件 #BTC