There is still a quarter of an hour before the CPI is released. Due to personal reasons, the live broadcast will be temporarily cancelled tonight.
Let's briefly sort out the ideas to be discussed.
First, the bullish target mentioned in the morning can continue to be maintained, and the volatility of the white market is prioritized. The big cake is slightly promising, but Ethereum has no volume at all, and the price range is limited to this.
In the morning, pay attention to the suppression to be broken. After further pulling up, the focus can refer to the upper track of 4H. Therefore, friends with long positions can choose to reduce some positions and make a capital preservation; and for friends with short positions, keep waiting.
For more questions, you can pay attention to Yixuan Classroom (eth395). There are still questions about spot contracts. Friends can pay attention to the daily dynamic updates
In terms of news:
This time, the CPI forecast is 3.4%, which is further compressed from the previous period's 3.5%, but if there is no difference in the announcement, it will not be too much, and the impact will be limited to 1H; but from this month's non-agricultural data, the probability of this time will be slightly lower, and at the same time, the expectation of interest rate cuts in June will be further increased
Therefore, if the data later is lower than expected, it will be bearish on the US dollar and bullish on the market in the short term. You can refer to the long route. On the contrary, if it is a surprise, it is not recommended to enter the market, just wait and see. The video will be updated at 20:30, and you can use it as a reference