Don't doubt it, the bull market in the cryptocurrency circle will definitely come, but it may be a slow bull rather than a wild bull, and it will slowly rise as countries around the world flood the market with money.
In the short term, the market is very worried about the return of inflation, because the latest employment data is really surprising, doubling from the previous value of 140,000 to 250,000, which is very scary.
However, those who understand know that this is probably someone's beautified data for votes. But in any case, such a high number of employed people makes this Thursday's inflation data particularly critical.
The previous value of CPI was 2.5%, and the market expected it to be 2.3%, which shows that the market is very optimistic.
The previous value of core CPI was 3.2%, and the market expected it to be 3.2%. In summary, the market is not particularly panicked about this data.
I personally think that this CPI is likely to fall, which is good news, because it is the last inflation data before the election, and some people will definitely beautify it and blow it up, so everyone can look forward to it on Thursday.
