This week's market may still be more affected by the news.
The May ISM (non-) manufacturing index, ADP (small non-farm), non-farm and other heavy data, especially the non-farm on June 7, is a key indicator that reflects the health of the US labor market.
The market usually adjusts its expectations for economic growth and the Federal Reserve's monetary policy based on the results of this report.
The European Central Bank and the Bank of Canada will withdraw from the interest rate resolution on the 5th and 6th. The market expects that the United States will start to cut interest rates first. Let's wait and see.
Short-term investors should pay more attention and pay attention. The release of these news and data will cause greater fluctuations in the market.
But Wood Sister withdrew from the Ethereum ETF. This happened quite suddenly. We should pay special attention to it.
As the former Buffett of the currency circle, Wood Sister's withdrawal from the Ethereum ETF is very worthy of attention. The market speculates that the reasons for the withdrawal are nothing more than two points:
The first is that the Ethereum ETF has only a profit of 0.21%, which will not bring any positive impact on the Ark Fund.
The second may be that Wood Sister learned from internal information that the Ethereum ETF has a long way to go, and the market expects that the possibility of passing in June is very low.
If the second reason is used, the impact will be relatively large.
However, this is only a short-term impact, and the long-term bull market expectation remains unchanged.
For the short-term market, you can pay more attention to the position of 69500. The pressure is relatively high. If it breaks through directly, it is possible to start a new wave of market.
If you cannot break through, you can open a short position at this position, but the friends of Thirteen Circles do not recommend that you open a contract. You can choose to buy the spot at a low position of 66500~67500.
Thirteen will pay attention to the market at any time and will inform you within Thirteen Circles as soon as possible. Please pay attention.
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