Tonight at 20:30, the United States will release CPI data, and tomorrow night it will be PPI.
The political first attribute in investment was really demonstrated vividly in this round.
It is said that the A-share market is a policy market. I think the cryptocurrency market is about to become a policy market.
The market performance was similar in the previous releases of CPI, PPI and non-farm data. The data were all positive for the Fed to cut interest rates, but the market performance was first up and then down.
It will be much the same tonight and tomorrow night.
In the debate between Trump and Harris this morning, Trump did not talk about cryptocurrency. Instead, he said that if Trump did not take office, Israel would disappear. Only if he took office could he protect Israel. He is still trying to win the support of capital, but the public still prefers Harris. Trump lost this vote. This trick of the dog is useless. There will be another debate next month.
The downward trend of Bitcoin has stabilized the day before yesterday, and the market has not been bad in the past two days. The 12-hour indicator has reached a peak, but the daily line has not yet. The 3-day line is indeed much better than before.
Apple's new phone has AI function, and RENDR, as Apple's partner, has not been affected positively. However, I think NEAR's K-line is doing well.
Okay, CPI is about to come out, and the market analysis will continue later!
(The crypto industry is highly volatile, this is just a sharing of opinions, not investment advice)
