The long-awaited CPI data has finally been released, and the results are quite underwhelming—there was no upside surprise!
As I judged earlier, in the short term the market will likely keep ranging; there won’t be a one-sided trend. Don’t get fixated on obsessively betting on long or short.
Key signals: After the data release, the probability of further rate hikes has dropped again, and inflation pressure has been alleviated.
Next, the market will most likely keep whipping back and forth, and many friends are easily swept out of positions by repeated stop-outs. If you can’t make sense of the rhythm or nail down the right entry points, it may help to slow down, follow the logic, and avoid continuing to lose money in this kind of range-bound market.
#美国7月CPI与PPI数据本周出炉 $BTC $XAU
As I judged earlier, in the short term the market will likely keep ranging; there won’t be a one-sided trend. Don’t get fixated on obsessively betting on long or short.
Key signals: After the data release, the probability of further rate hikes has dropped again, and inflation pressure has been alleviated.
Next, the market will most likely keep whipping back and forth, and many friends are easily swept out of positions by repeated stop-outs. If you can’t make sense of the rhythm or nail down the right entry points, it may help to slow down, follow the logic, and avoid continuing to lose money in this kind of range-bound market.
#美国7月CPI与PPI数据本周出炉 $BTC $XAU
