The market focus this week is summarized as follows:

First, Nvidia's financial report will be released on Wednesday. If its poor financial report data leads to a sharp drop in stock prices, it is expected that the AI ​​sector in the currency circle will also be implicated and may fall. In this case, investors can look for the right time to short.

Second, PCE data will be released on Friday. This data has an important impact on market trends. If the PCE data is lower than expected, it will be regarded as good news and may drive the market up; if the data is higher than expected, it will be regarded as bad news, which may cause the market to fall, especially mainstream currencies such as BTC.

In addition, the tens of thousands of coins released by the Mentougou incident continue to put selling pressure on the market. The impact of this incident cannot be ignored, and it will continue to have an important impact on the short-term trend of the market.