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Three major events in the market this month: 1. US non-farm payrolls report (June 7): If the employment data is lower than expected and the consumer price index (CPI) is also falling, this may have a positive impact on our cryptocurrency market. 2. US core consumer price index (CPI) annual rate (June 12): The market currently expects the year-on-year increase in the overall CPI in May to be between 3.1% and 3.5%, but this market expectation has certain uncertainties. 3. Federal Reserve FOMC meeting (June 13): We need to focus on the Fed's expectations for the direction of interest rates in 2024 and 2025, especially through the dot plot. I have always believed that our market will develop in a positive direction, and I believe that interest rate cuts are imperative, and there is no need to wait for one or two years. Because it is unrealistic to maintain a high interest rate of 5.25% to 5.50% for a long time. Therefore, interest rate cuts will come sooner or later. Therefore, it is important to continue to participate in the market. In a bull market, we cannot accurately predict when a big bull market or a crazy bull market will break out, but it is crucial to continue to participate in the market. Maintaining continuous participation in the market means not getting involved in contracts, but only participating in spot trading. In spot trading, even if you invest in altcoins, as long as the project does not collapse immediately, you will get surprises in the bull market if you stick to it.

Three major events in the market this month:

1. US non-farm payrolls report (June 7): If the employment data is lower than expected and the consumer price index (CPI) is also falling, this may have a positive impact on our cryptocurrency market.

2. US core consumer price index (CPI) annual rate (June 12): The market currently expects the year-on-year increase in the overall CPI in May to be between 3.1% and 3.5%, but this market expectation has certain uncertainties.

3. Federal Reserve FOMC meeting (June 13): We need to focus on the Fed's expectations for the direction of interest rates in 2024 and 2025, especially through the dot plot.

I have always believed that our market will develop in a positive direction, and I believe that interest rate cuts are imperative, and there is no need to wait for one or two years. Because it is unrealistic to maintain a high interest rate of 5.25% to 5.50% for a long time. Therefore, interest rate cuts will come sooner or later.

Therefore, it is important to continue to participate in the market. In a bull market, we cannot accurately predict when a big bull market or a crazy bull market will break out, but it is crucial to continue to participate in the market.

Maintaining continuous participation in the market means not getting involved in contracts, but only participating in spot trading. In spot trading, even if you invest in altcoins, as long as the project does not collapse immediately, you will get surprises in the bull market if you stick to it.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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