There will be three major events this week
1: The key US inflation data CPI released on Wednesday this week is bearish if it is higher than expected, and bullish if it is lower than expected.
If it is lower than expected on Wednesday this week and Israel has not launched a fierce offensive, then BTC is expected to usher in a big rebound, otherwise BTC will usher in a sharp correction.
2: More than 6 Fed officials will speak this week, and the most watched one is Powell's speech on Tuesday.
3: This week, the Israeli and Palestinian peace talks may be finalized. If they fail to reach an agreement this week, they will continue to talk next week. Hamas will hold consultations with various Palestinian factions to reconsider the ceasefire negotiation strategy.
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