Heavy data will be released in the evening!

CPI annual rate, higher than expected is bearish, lower than expected is positive!

From Powell's recent speech, there is a detail that the Fed does not need the inflation rate to be lower than 2% before cutting interest rates, which is an implicit positive, because the Fed previously emphasized that it must reach 2% inflation rate before starting to cut interest rates! Yesterday, about 100 million funds flowed into the Bitcoin ETF. Retail investors are optimistic about the subsequent crypto market and are collecting chips.

Big Pie Ecosystem STX Ethereum pledge leader LDO pays attention to #CPI数据 #美联储何时降息？ #德国政府转移比特币 $BTC $GAL $IQ