Thursday at 8:30

The U.S. unadjusted CPI annual rate in June was 3%, in line with expectations of 3.10% and the previous value of 3.30%.

CPI has achieved a downward trend of three consecutive declines

The number of initial jobless claims in the United States for the week ending July 6 was 222,000, compared with expectations of 236,000 and the previous value of 238,000.

The unemployment rate has risen for three consecutive months, the job market has been improving for three consecutive months, and the recession trend is obvious.

Judging from the current inflation rate of 3%, it will take some time for the inflation rate to reach 2%. However, if the downward trend is formed, it is likely to fall below 3% in one or two months.

The timetable for a comprehensive interest rate cut supported by data is naturally not far away!

Bitcoin's surge and fall today is also within expectations. After all, the medium- and long-term funding situation has not changed.

Short-term callback

Every long-term squat is an opportunity to build a position on the left side!