Important information release:

Yesterday, the US inflation data was released, and the data was significantly higher than market expectations, which means that the US inflation rate has inexplicably rebounded.

The last non-farm payroll data was also significantly higher than expected, and the US employment situation seems to have greatly improved.

Based on the above news, the US interest rate cut in November will not exceed the 50BP expected by the market before, at most 25BP, or even no interest rate cut. This will be a major negative for the cryptocurrency market.

In the US election in November, if Trump loses, it will also be a negative for the market. Trump's opponent's poll is currently 3% higher than Trump.

Today's rise is obviously a lure to buy more, so everyone should pay attention to their positions. Perhaps there will be a storm soon.