The recent market is likely to continue to fluctuate and fall.
The macro level does not support large liquidity. The previous expectations such as BTC ETF or halving have been completed, and the subsequent interest rate cuts will not come until September at the earliest. If the data deteriorates next week, then forget it.
In the absence of more capital inflows to act as buying volume, it is not a good thing for the risk market. At a relatively high point, a little bit of wind and grass will lead to a market crash and profit-taking.
In the medium term, the K-line is a very standard callback trend. Of course, the long-term trend has not deteriorated, and it is still a bull market structure, which is beyond dispute.
The earliest news needs to wait until next Wednesday's CPI, but the data is likely not to be too good.
The one-year inflation expectation for the United States in May announced yesterday reached 3.5%. Such a painless data directly smashed the market. I personally have a pessimistic view on next week's CPI. The final inflation is not so easy to reduce.
Continue to wait in the future. If it meets the expected trend and falls to around 50-55k, consider entering the market.
If the market turns, we will enter the market on the right side and follow the trend without worrying about the price.
In recent months, I don’t think there will be a big market, and I don’t think this round of liquidity can support the flourishing of all kinds of things.
