Don't treat CPI as a life-saving straw!
Everyone is waiting for the CPI data tonight, and this indicator even seems to be able to affect the market's changes. Can you believe that CPI, which was only a reference indicator in the last round of bull market, is used as a reference for the later trend of the bull market at the current time point without narrative and hype.
It is a bit humorous and ironic that it is already the middle of the year 24 years ago. Three months after the ETF was passed, the mood has been digested from FOMO to stability and even panic trading. And we have to treat CPI as a life-saving straw in an unexpected environment and with the US stock retail investors going crazy again. It is really a bit helpless.
Review everyone's expectations: Taking the critical value of 3.5 as a reference, if it is lower than expected, lower than the previous value of 3.5, the market will give positive feedback. On the contrary, if it is higher than expected, higher than the previous value, the market will give negative feedback. Although it is true to say so, if you follow this data to make a layout, I believe you will not get any profit. The copycat should be laid out as soon as it is in place instead of waiting for the so-called reversal. #美国4月CPI通胀数据即将公布
If falling inflation is the first step to a market reversal, then the public support of the leaders of the United States and the continuous entry of European market funds are potential speculation possibilities. We don't need to use these as reasons for buying, but to make you firm that the bull market is still there. $BTC $ETH