3 major events this week:
1. Powell’s speech at 10 o’clock tonight.
2. The key US inflation data CPI will be released at 8:30 tomorrow night.
3. A new stage in the Israeli-Palestinian peace talks
The focus is still on the CPI data to determine the bull and bear market, and whether the Fed will cut interest rates this year depends on it.
If it is higher than expected, BTC will break $60,000, and if it is lower than expected, it will start a deep V reversal.
