The data this week is relatively light, and the focus may be on the speeches of Fed officials. Against the background of the unexpected non-farm payrolls data released last week and the unemployment rate exceeding expectations, we can also look at the attitudes of other Fed officials. Relevant officials took turns to speak on Tuesday, Wednesday, Friday and Saturday. At the interest rate meeting that ended last week, the Fed kept the interest rate at 5.5%. This high interest rate has been maintained for a long enough time, but inflation has rebounded for three consecutive months. The CPI data will not be released until next week. Brother Ming believes that there is a high probability of a decline. Let's wait and see.

The external environment seems to have signs of easing. Kazakhstan and Israel are negotiating a ceasefire agreement, which is good news for the market.

Other aspects: On May 23, the US SEC will make a decision on the VanEck Ethereum spot ETF.

On May 30, the US SEC made a decision on the Grayscale Ethereum futures ETF.

No one predicts that it will pass, and the market does not have this expectation. Let's see the final development of the situation. In addition, Grayscale's GBTC ended the net outflow and achieved a net inflow.

All that's missing is a decline in inflation.