4.27: Q1 GDP data 4.28: PCE price index and consumer confidence index 5.4: Fed interest rate meeting 5.10: April CPI In the first quarter, affected by the Fed's interest rate hike and the banking crisis, investors are increasingly pessimistic about the US economy. If the US GDP in the first quarter is lower than the expected 2%, the recession will accelerate and the expectation of interest rate cut at the end of the year may also heat up.

Regarding the PCE price index and consumer confidence index, if there are unexpected situations in the data, it may lead Fed officials to make a more hawkish or dovish decision. Since there is no CPI data before this interest rate hike, PCE and consumers Confidence data is the most important report before the interest rate hike. The key now is to see whether the May 4 interest rate meeting will be the last time the Fed raises interest rates. The Fed will turn to =powerful, and risk assets will be the first to respond.

It is difficult for BTC to rise sharply before the interest rate meeting (before May 4). There is a large amount of option delivery on April 28, and the biggest pain point is 27,000. Therefore, the biggest fluctuation of this market should be around April 28. If the interest rate hike is stopped at the May 4 interest rate meeting, the bottom should be reached before the interest rate meeting. You can participate in the market by investing in different positions.