Notice! ! These are the news:
1. The overall U.S. CPI index in May was 3.3%, and the core index was 3.4%, both falling more than expected. U.S. inflation is easing. The interest rate market has expanded from its previous prediction of less than two interest rate cuts before the end of the year to two expected interest rate cuts. The probability of an interest rate cut in September has increased to 70%, and the probability of interest rate cuts in November and December has increased to 100%. The two interest rate cuts are expected to be 25 basis points each.
2. The core CPI index of 3.4% is still higher than 3%, indicating that U.S. inflation is still in a high-inflation stage, and the Federal Reserve predicts that it is inappropriate to cut interest rates before inflation can sustainably move towards 2%. Federal Reserve Chairman Powell said: The U.S. economy has made significant progress and inflation has eased significantly, but it is still too high. There is currently no greater confidence in inflation to facilitate an interest rate cut, and it has not yet reached the stage of announcing a rate cut date.
Big pie: Yesterday at 8:30, it was announced that the core CPI index dropped more than expected, U.S. inflation has eased, and the big pie continued to rise by more than 2,000 points. The interest rate announced at the 2 a.m. Federal Reserve meeting remained unchanged as everyone expected. However, during the meeting, Wibauer said that inflation has eased, but is still too high, and there are no conditions for interest rate cuts for the time being. BTC subsequently fell back to its eight-and-a-half-point rally and exited the bilateral market. From a technical point of view, it rose and fell back yesterday, closing below the moving average. The 7-day moving average turned downward and penetrated the 14-day moving average, forming a downward cross. There is a risk of stepping back to the 66,000 position in the short term. The market during the day is mainly slightly bearish, with the upper pressure around 68500-68750 and the lower support around 66000.
Two Pies: Yesterday's rise and fall, the upward trend was terminated, and the overall K-line pattern maintained a small downward trend of shock. The daily 7-day moving average continues downward and breaks through the 30 moving average to form a dead cross downward. The market today is mainly bearish, with the upper pressure in the 3600-3615 range and the lower support around 3440.
Copycat:
CHZ: In the short term, it can be used as a spot trading target in the next two months, and in the long term, it can be held until the first half of 26.
NOT: There is a risk of retracement in the short term, and the upper pressure is around 0.019
The currency market is highly volatile, so you need to be cautious when entering the market. Personal opinions. No recommendations. Just sharing.
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