Today's key takeaway:
U.S. CPI report due at 21:30; year-over-year data will be missing
Macroeconomic data can shift rate-cut expectations, and risk assets usually move with expectations first.
First, a look at the market:
$BTC 74,874.01 (-0.11%)
$ETH 2123.23 (-0.86%)
BNB 689.92 (+0.4%)
SOL 86.11 (-1.57%)
The broader market is trading in a narrow range; it hasn't picked a direction yet.
News:
1. Tom Lee: ETH's weak price reflects the market's lack of patience; bullish on crypto over the next 24 to 36 months
What's being discussed on the Square:
#比特币连续五周下跌 #纽交所将用Avalanche结算代币化股票
Top gainers and losers:
Top gainers: PIEVERSE +39.58%, INIT +33.08%, EDGE +25.31%
Top decliners: AKE -51.5%, AIN -31.78%, UAI -26.95%
As for fund flows:
Fear and Greed Index: 32 (Fear), up 3 from yesterday
Liquidations across the network totaled $2.27 million in the past hour, with long positions accounting for 93.4%
My take:
When the opportunity comes, don’t hesitate; if it hasn’t, don’t force it.
Which news story are you most focused on today?
This data is for reference only—don’t take it as fact.