#BTC走势分析 #ETH In the coming June, the market will usher in a series of important economic data and events. The first is the release of the non-agricultural data in May, which will directly reflect the situation of the US labor market. If the unemployment rate continues to rise, especially if it reaches 4%, then the alarm of the labor market may have sounded, which will force the Fed to consider starting the insurance rate cut in advance.
Next is the May US CPI data and the convening of the FOMC meeting. These two major events will jointly determine the market trend. The release of CPI data will reveal whether inflation will continue to decline, and the statement of the FOMC meeting will directly affect the market's expectations for future monetary policy. In particular, the release of the dot plot will reveal the Fed officials' forecasts for the number of interest rate cuts this year. If a voting committee lowers the expectation of interest rate cuts this year, then the number of interest rate cuts expected by the entire Fed will decrease, which will have an important impact on the market.
We also need to be alert to a more extreme situation: that is, if most Fed officials lower their expectations for interest rate cuts this year, then the number of interest rate cuts expected by the Fed this year will directly drop from three to one. Although the probability of this happening is low, once it happens, it will boost the dollar and bonds, and suppress the price of Bitcoin. Therefore, we need to pay close attention to the statements of Fed officials and changes in market expectations.
Of course, as loyal believers of the bulls, we prefer to see a situation that is favorable to interest rate cuts. A situation that is favorable to interest rate cuts is bound to be a positive boost to the Bitcoin market.
In the coming June, the storm is coming, let us move forward cautiously