There will be three major events this week
1. The key US inflation data CPI released on Wednesday is bearish if it is higher than expected, but bullish if it is lower than expected. If it is lower than expected on Wednesday and Israel has not launched a fierce offensive, then BTC is expected to usher in a big rebound. Otherwise, BTC will usher in a sharp correction.
2. The most watched is Powell's speech on Tuesday.
3. The Israeli-Palestinian peace talks will be finalized next week
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