I was right to say that this wave of data was good last night. Fortunately, I didn't open a short position last night. When I woke up in the morning, the index rose, but the upward trend of ETH has not stopped.
Many people say that this wave of US data may be fake, but Brother Long believes that the data should be true, but each country is releasing money, which is bound to cause the market economy to be active. Now it depends on the attitude of the Federal Reserve in the later period. Brother Long also said in the previous article that this data will cause the Federal Reserve to cut interest rates and cool down, and if Powell speaks again and the intensity of interest rate cuts in the later period is reduced, the currency circle will enter another wave of decline📉. So now let's see where this wave of rise📈 will fall!
In summary, this wave of rise is a short-term rise due to the good news last night. If the Federal Reserve announces bad news, it will continue to fall in the later period!
