5.13 Accurate Market Analysis
Good morning, brothers. We experienced a correction last week.
From Monday to Saturday, the market fell for five days and rose for one day.
The dramatic bull-bear decisive battle will happen this week!
Without further ado, I will emphasize the key points again.
This week will usher in three major events.
(1) More than six Fed officials will give speeches this week.
Powell will give a speech at 10 pm tomorrow.
(2) The key US inflation data CPI will be released at 8:30 pm the day after tomorrow, Wednesday.
Higher than expected is bearish, lower than expected is bullish.
If the market falls below expectations on Wednesday and Israel has not launched a fierce offensive, BTC is expected to usher in a big rebound.
Otherwise, BTC will experience a sharp correction.
(3) This week, the peace talks between Israel and Palestine may be finalized.
A successful conclusion is good news, a failed conclusion is bearish.
From yesterday to today, the on-chain data shows that
the amount of BTC flowing into exchanges has increased by about 2,000,
but the amount of stablecoins flowing into exchanges has not increased, and funds are insufficient.
The wait-and-see sentiment of large funds is strong.
Current strategy recommendation:
Position recommendation is below 40%, mainly holding relatively hard AR and BNB
WLD pulls up a wave, remember to stop profit, and re-enter when it pulls back
Before the data release next week and the speech of the Fed officials
BTC may fall below $60,000
Then we will decide whether to increase the position based on the results of the CPI data release
When deciding whether to continue the layout, everyone needs to consider the overall market trend and BTC's own performance more carefully. If you don't know how to operate, click on the avatar to find Wangwang, and seize this bull market with me
