#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: focus on short positions with some long positions, real-time lead in copy trading prices based on the live channel.
Space: Support for longs near 1005000-1011000, resistance for shorts near 106000-1047000.
Reason: The daily line has changed from the resistance line near 104700, the four-hour line has pulled back to the trend line support near 99000, the four-hour line is oscillating back and forth within a range, and after an oversold rebound, today's oscillation will first rebound and then decline.
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.
ETH - Direction: Mainly high short, low long as a supplement, real-time lead in copy trading price live channel as the standard.
Space: Support around 2330-2380 for long positions, resistance around 2580-2510 for short positions.
Reason: Daily line pressure is around 2580, the market rebounds, focusing on low long operations in the four-hour period. The MACD in the four-hour cycle is oscillating below the O axis, and the hourly line is oscillating with an oversold rebound. Today, we will short first, then long, and then short again.
Key point: Be sure to set a stop loss based on the pattern (recent low or high), do not place an order without reason, do not place an order without a signal.
Wishing everyone happy trading 6.6