#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# Space: support around 103800-103000, resistance around 106300-1068000
Reason: The daily line has changed from the resistance line to around 106900, the four-hour line has retreated to the trend line support near 103800, and the four-hour line is oscillating back and forth within the range. Today, there will be a rebound followed by a decline.
Key point: Always set a stop loss at the recent low or high. Do not place orders without reason, do not place orders without signals.
ETH - Direction: Mainly short, with some long positions, real-time trading prices based on the live broadcast.
Space: Support around 2520-2500 for long positions, resistance around 2660-2690-2750 for short positions.
Reason: The daily line pressure is above 2580, the market rebounds, focusing on low long operations in the four-hour period. The MACD in the four-hour cycle is oscillating and falling back on the O axis. Today, we will short first and then go long.
Key point: Always set a stop-loss at the recent low or high. Do not place an order without reason, and do not place an order without a signal.
Wish everyone happy trading 6.5