The inflation data performed well, lower than the previous value and expectations, which is a pretty good result. The overall risk market is therefore on an upward trend. Half an hour before the release of the CPI data, BNB suddenly rose and the trading volume increased sharply, which may be a hint of positive market sentiment.

However, the market did not rise strongly enough after the release of the CPI data, and there were sharp fluctuations, which brought a certain degree of sentiment boost to the market. Although the market had already risen as expected in the previous two days, many friends may not pay too much attention to the inflation data, as long as they know that inflation is falling.

This inflation data is likely to be related to whether the Federal Reserve will raise interest rates at the FED interest rate meeting two days later. The inflation data performed well, even reaching 4%. Therefore, CME gave a probability of more than 95% for a pause in interest rate hikes in June. Unless there is a thunderstorm in the market in the next two days, a pause in interest rate hikes in June is inevitable. The benefits of a pause in interest rate hikes must be higher than CPI, which will promote prices.

However, although it seems that BTC and Nasdaq futures have a certain degree of synchronization, in fact, the trend of Nasdaq futures is slowly upward, but BTC and ETH are still suppressed by prices. This suppression is most likely due to the biggest pain point, which we have introduced during the day. After all, there are two consecutive positive factors. If the price is not suppressed in advance, it is very likely that after the interest rate hike is suspended, it will deviate too far from the biggest pain point.

#BTC从公布通胀数据时的2%上涨已回落至0.8%，受到了强烈的打压。这种情况下很难提供流动性和博弈性

It should be noted that friends should be careful not to be too optimistic before the winter is over, although the spring of the currency market will definitely come.