Good morning, brothers, Mentougou expects + PCE data to be released on Friday. The U.S. stock indexes closed down collectively last night, causing the B-circle market to collapse.

On-chain data shows that Stable B has flowed out of the exchange significantly, which is a bit negative.

In the short term, we still have to look at PCE data, and again how to deal with Mentougou.

In the long run, it is still positive for three main reasons:

(1) In the long run, U.S. inflation will still decline.

The U.S. consumer default rate released yesterday increased significantly in the first quarter, with the proportion of credit card debt overdue for 90 days or more reaching 10.7%, indicating that the economy may be beginning to decline.

(2) Major traditional institutions are preparing to enter cryptocurrency B

The Chicago Mercantile Exchange is preparing for the Cryptocurrency B exchange, and the New York Stock Exchange is also waiting for regulatory clarification before entering this field. After all, trading cryptocurrencies B is the general trend. Users have needs and can make money if they can better meet the needs.

(3) U.S. politicians guide cryptocurrencies B

The only good thing about American imperialism is MZ. Politicians should please whatever the common people like.

Trump strongly expresses support for cryptocurrencies

The Biden team has also begun to support cryptocurrencies B

So as not to offend voters who speculate on B

In short, in the short term, we still need to look at the PCE data at 8:30 tomorrow night, which is expected to be 2.8%. If it is higher than expected, it will be bad for the plunge, and if it is lower than expected, it will be good for the surge.

Wait for an opportunity with 50% of the position. If it is spot, don’t cut it if it falls.

Find a way to stop the loss and at least lower the liquidation price

If the data release is good, add more positions.

Recommended value B: AR, STX