Three major events this week:

1. Powell’s speech at 10 o’clock tonight.

2. The key inflation data of the United States, CPI, will be released at 8:30 tomorrow night.

3. A new stage of Israeli-Palestinian peace talks

The focus is still on the CPI data to determine the bull and bear market. Whether the Federal Reserve will cut interest rates this year depends on it.

If it is higher than expected, BTC will break $60,000. If it is lower than expected, it will start a deep V reversal.

The current strategy is the same as what I have repeatedly emphasized to you in the past few days:

(1) Do not short positions to avoid missing out. It is recommended to control positions.

(2) Do not chase highs during rebounds, otherwise you will be trapped.

(3) After the CPI data is released, reduce or increase positions as soon as possible.

Not every investor in the market looks at the CPI data, especially in emerging markets such as the cryptocurrency circle where investors are relatively immature.

So we can make good use of the macro information gap and follow the trend to make profits.

OpenAI’s press conference was released last night.

The positive news has been released.

Be careful of a sharp pullback in AI tokens.