Tonight's CPI, a brief summary!

1. Currently, market sentiment suggests that the White House is confident that Wosh will take over the Federal Reserve in May. You know his background; if he does, the market will probably shake!

2. Against the backdrop of the US-China war, all analysis agencies agree that US consumer inflation in March will rise sharply. If that happens, cutting rates and raising rates are just a matter of a word!

3. Last night's PCE data was revised upward to 2.7%, once again overturning the logic of rate cuts. Global funds are flowing back into the dollar, making US stocks inevitably weaker!

4. The two-week ceasefire announced on April 8th has reduced risk aversion. US stocks have rebounded significantly in the past two days, but don’t overlook the fundamental nature of this round of inflation.

Currently, the market's sentiment forecast is 3.3%. Inflation is exceeding expectations, and expectations for rate cuts are decreasing. For US stocks and cryptocurrencies, this is definitely bearish. Conversely, for gold’s intrinsic property as an inflation hedge, bullish sentiment is stronger.

My personal prediction: tonight’s CPI, US stocks and crypto will decline; yesterday’s surge will retrace and give back gains; gold will rise first, then fall.

Pay close attention to the movements in the European and American markets. Bitcoin faces resistance at 723-726, strong resistance at 742, support at 706-688. The intraday strategy of shorting around 723 remains effective!

Tonight, we will livestream to counter the CPI. Let’s fight together on Black Friday! #加密市场回升 #cpi $BTC $ETH $XAUT