On May 13, there was a good show of long and short kills, but in the end, the bulls were slightly better.
The rapid decline in the early morning yesterday should have scared off most people, and the timid ones should have cut their losses.
Of course, for short-term trading, you must stop loss and leave the market when the position breaks, otherwise it will be troublesome to be trapped.
So no matter how the market goes, you must clearly define your position and keep it in mind at all times to see the road ahead.
The most noteworthy thing this week is the daily closing line on Monday and the US CPI on Wednesday.
Now the first stage has ended, and the market is not bad. There was a continued sharp decline, but it closed with a positive line.
Although the bulls did not seem to have a Jedi counterattack, they also stopped the downward momentum.
Judging from this trend, the bulls and bears are getting more and more anxious, and it is time to stimulate the market with news.
The most noteworthy thing is the release of the CPI data on Wednesday. When the CPI was released in early April, the price of the big cake was 70,000 US dollars. The CPI price released in May is currently around 60,000 US dollars. From the perspective of the entire market, it is completely opposite. In early April, everyone was still quite enthusiastic; now in mid-May, the market has entered a more panic stage.
Although the CPI is not very important, it is still crucial for the US interest rate cut.
Now the economies of European countries are watching some trends in the US. Sometimes, having great capabilities is not necessarily a good thing. They have to maintain their own face and guarantee the so-called freedom. However, no matter how they drag it, the interest rate cut is likely to be seen this year.
Just like the interest rate hike in 2022, any major event is suitable for gradual progress to boil the frog in warm water and maximize its effectiveness. The same is true for interest rate cuts. It will definitely be released at the most unexpected time, and the US is about to start a new round Round of presidential election
2024 is destined to be a lively year. The market has actually begun to become clear, and the real gap has also opened up. In a trance, many coins have fallen, but many coins have ushered in a new life. The tide is still coming in wave after wave, which will bring wealth. Learn to take away some things that should not belong to you
There is no fairness in the financial market, only results. You have a chance as long as you are alive. If you leave the table in advance, all the food on the table has nothing to do with you. Before the big wave comes, you still have to practice basic skills hard. The chassis is solid enough to withstand the wind, sun and rain
The potential coins in the currency circle are reserved for those who are prepared. Only when your heart is the same as the potential coin, you can truly own it. Otherwise, even if you have taken advantage of it or got the result, time will verify everything under the baptism of a wave.
If you want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, follow me. Junyangli publishes market analysis and recommends high-quality potential coins every day.