【0514 Market Analysis and Suggestions】1/2

Short-term periodic lows emerge, waiting for the upward change that may be brought about by the CPI data on Wednesday!

1. Fundamentals

1. Tonight (Tuesday) at 20:30, the United States will release PPI data. As a leading indicator of inflation CPI, it will have a certain impact on the market. The real impact is still waiting for the CPI data tomorrow night (Wednesday).

2. In the early morning of Tuesday (May 14), the American artificial intelligence research company OpenAI held an online "Spring Update" event and released a new flagship model "GPT-4o". The new model also set a new high in performance scores in multilingual, audio and visual functions. The response to audio input is similar to the response time of humans in conversation. Affected by the overall market, the AI ​​sector failed to perform outstandingly, but the AI ​​competition is still going on, and the AI ​​sector is still worth looking forward to.

2. $BTC Spot ETF Trading

On May 14 (Monday), there was a net inflow of US$66 million, and there will be about 1,073 purchases after 21:30 on Tuesday. Net inflows are 3, and the other 7 are all shown as 0 (no capital flow or small amount).

3. On-chain and off-chain data

1. The overall spot on the chain is in an outflow accumulation state. Although the new and active addresses are at a low level, long-term participants of 3-5 years have begun to increase their holdings and become the main buyers. The total selling pressure has reached a stage low, indicating that the low of 60,000 in this round of callback will be the stage low of the current market, and the cost of short-term holders is also around 60,000.

3. The trading volume of derivatives has returned to a low level, and the proportion of put options is also at a relatively low level. The current derivative risk coefficient is in a neutral area, and the market will continue to consolidate, with rapid ups and downs.

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