#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
#BTC# #ETH# BTC - Direction: mainly low long with high short as a supplement, real-time lead in copy trading price live channel as the standard.
Space: Support near 106600-105400 for long positions, resistance near 1105000-109900 for short positions.
Reason: The daily line has changed from support to around 106600, and standing firm is a low long. The four-hour line has pulled back to the trend line support near 105400, and the direction continues to be low long. After the large three-wave segment on the four-hour line, the second rebound after the end is for shorting.
Key point: Be sure to use stop loss at the shape "recent low or high point", no orders without reason, no orders without signals.
ETH - Direction: Focus on low long positions, with high short positions as a supplement, real-time lead in copy trading price based on live channel.
Space: Support around 2480-2430 for long positions, resistance around 2620-2650 for short positions.
Reason: The daily support is above around 2500, so low long positions are recommended, and high short positions below. The main operation is low long positions on the four-hour chart, with MACD oscillating and rebounding below the O axis. Today is Monday, and the rebound has significant resistance around the three peaks at 2660. Be cautious as the market may short after the rebound.
Key point: Always set a stop-loss based on the recent low or high. Do not place orders without reason, do not place orders without signals.
Wishing everyone a pleasant trading experience on 5.26