May 14th Coin Circle Data Overview

Fear and Greed Index: 66 Neutral

Ahr999 Hoarding Index: 1.03 Suitable for Fixed Investment

Bitcoin Volatility Index (DVOL): 56.41 (The greater the volatility, the greater the risk of decline)

Altcoin Index: 41 (Measures the relative strength of BTC and altcoins, the higher the altcoins are, the more fanatical they are)

24-hour long-short ratio: 50.7%/49.3% long-short balance

Potential inflation may slow down for the first time in 6 months. Yesterday's tweets in the morning gave a hint of macro-positive news. However, the market did not give feedback until yesterday afternoon. Market sentiment reversed and BTC stood at 63,000. This needs to be interpreted in advance in the market, and it is too late to chase. But the altcoin market is still weak. Affected by GameStop, the meme craze continued to the coin circle PEPE to a new high, and more altcoins hit new lows. Limited funds and value coins continued to be sold off. If ETH does not rise, altcoins will have no chance.

Macro information:

GameStop drives meme stocks up, retail investors fight Wall Street again

US CPI data for April is expected to be better than expected, but PEC data remains stubborn

Coin circle news:

PEPE hits a record high

ETH/BTC exchange rate drops to 0.047, a new low in more than three years

More valuable altcoins hit new lows and are unable to recover

QCP Capital: If there is no hawkish surprise, $60,000 is still a strong support level for Bitcoin prices