#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 short with some long positions, real-time lead in copy trading prices based on the live channel.
Space: Support near 103800-104200 for long, resistance near 106500-108000 for short.
Reason: The daily line has turned from the resistance line to around 108500, the four-hour line has retraced to the trend line support near 103800, if it breaks below 105100 it will decline, the four-hour line is fluctuating downward, today it will first rebound before falling.
Key point: Always set a stop loss with a defined shape (recent low or high). Do not place orders without reason, do not place orders without a signal.
ETH - Direction: Mainly high shorts, with low longs as a supplement, real-time lead in copy trading price live channel as the standard.
Space: Support near 2410-2500-2560 for long positions, resistance near 2677-2740 for short positions.
Reason: The daily support is above 2580, the market is correcting, the focus is on low long operations in the four-hour timeframe, the MACD in the four-hour cycle is diverging strongly above the O-axis, today we will first execute high short operations, with strong support for low long.
Key point: Always set a stop loss based on the recent low or high point, do not place an order without reason, do not place an order without a signal.
Wish everyone happy trading on 5.29