ETFs have shown a net outflow since the 10th, with stablecoins on the chain flowing out of exchanges and BTC entering exchanges

In addition, whales suddenly began to sell ETH worth more than $56 million, which led to the decline. This round of callback actually has a very limited impact on Bitcoin, mainly on altcoins.

Starting tonight, we need to pay attention to the Labor Department's release of May CPI data at 20:30, the announcement of interest rate decisions and economic expectations at 2:00 a.m., and Powell's press conference after the interest rate meeting at 2:30 a.m. on Thursday. These six hours have the greatest impact on the financial market this year

It should be noted that CPI and interest rate meeting dates have only appeared on the same day 13 times since 2008, and they are all increases, and the average increase of the Nasdaq will exceed 1%