Yesterday, the atmosphere of the originally good upward trend was suppressed by the news that Trump lost to Harris. In fact, not only#BTCand cryptocurrencies, but even US stock futures were frustrated by this duel after the opening of the morning session. Judging from the public opinion trend of the stock market, there are indeed more people who love Trump.
In the evening, the CPI data was released. It was originally expected to be good, but two of the four data exceeded expectations, one performed well and the other performed poorly. Investors are once again entangled. Is the good side more influential, or the bad side? After a fight, it returned to the state of this morning. BTC has a chance to return to $58,000, and US stocks continue to rise driven by AI. After a whole day of tossing, it finally returned to the starting point.
Therefore, it is difficult to clearly outline the rise and fall with one data or a group of data, one line or multiple lines. What is needed is a deep understanding of the market. However, even if you understand the market, you may not be able to gallop in the short-term market. Today, I saw many so-called teachers shouting when it rises and shouting when it falls. Until now, they have either deleted their posts or remained silent. In this case, it is either gambling or waiting and watching.
From the data point of view, the turnover rate in the last 24 hours is lower than yesterday. This is understandable. Yesterday, investors had just gotten rid of the shadow of recession and were ready to make a big move, but they were hit by Trump's defeat. They thought that inflation might have hope again, but core inflation emerged to disrupt the situation, which was really disgusting. At this time, it is normal for more investors to choose to wait and see.
The friends who were trapped after bottom-fishing in the past two days have become the main force of today's turnover rate. The current short-term war is so anxious. But as mentioned before, once the trend is formed, it is difficult to change. The United States has gradually emerged from monetary tightening. Whether or not the interest rate is cut this time, and how much the interest rate is cut, it will not change this trend. So for many friends, grasping the rhythm of the trend is the most important thing. In this trend, the biggest trap is economic recession, but it is also a golden pit. As long as there is a pit, there may be water release later.
