This week is worth watching, and it is estimated that the market will be full of waves
#美国4月CPI通胀数据即将公布 #5月市场关键事件
BTC is currently priced at $62858. Will the inevitable event trigger the expected market reaction?
"U.S. macro data will be combined with comments from Fed Chairman Powell, which could be an explosive combination for risk assets.
Macroeconomic data released this week, especially the Consumer Price Index (CPI), should be crucial to BTC price movements. When it comes to the inflation debate and the hope of rate cuts for risk assets, the Consumer Price Index has become the focus.
Before that, the Producer Price Index (PPI) for April will be released on May 14, and Fed Chairman Powell will give a public speech.
When it comes to hints on future policy moves, the market has shown a high sensitivity to Powell's tone."--Cointelegraph
The economic base determines the superstructure, and the superstructure has a counter-effect on the economy. I don't know if it is universal, but I haven't forgotten it 😂. Whether it works or not, let the market test it.
#美国4月CPI通胀数据即将公布 #5月市场关键事件
BTC is currently priced at $62858. Will the inevitable event trigger the expected market reaction?
"U.S. macro data will be combined with comments from Fed Chairman Powell, which could be an explosive combination for risk assets.
Macroeconomic data released this week, especially the Consumer Price Index (CPI), should be crucial to BTC price movements. When it comes to the inflation debate and the hope of rate cuts for risk assets, the Consumer Price Index has become the focus.
Before that, the Producer Price Index (PPI) for April will be released on May 14, and Fed Chairman Powell will give a public speech.
When it comes to hints on future policy moves, the market has shown a high sensitivity to Powell's tone."--Cointelegraph
The economic base determines the superstructure, and the superstructure has a counter-effect on the economy. I don't know if it is universal, but I haven't forgotten it 😂. Whether it works or not, let the market test it.