#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
After ten years of Cryptocurrency Trading, starting with a principal of 100,000 and angrily earning 5 million, then suffering a huge loss of 5 million to now angrily earning 12 million, watching the current crypto world, Lao Jiu can't stand seeing others lose money. Today, Lao Jiu decides to publicly share the experiences he has summarized over the years, how he has survived in this market, and how to remain undefeated, at least allowing you to avoid a few years of detours. What you learn can directly turn defeat into victory!
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In terms of volume: The so-called troops have not moved yet, but the supplies come first. The formation of the trend in the early stage is an essential link, especially the first increase in volume after a period of horizontal movement, which should be focused on. This is not the best entry point; the first increase in volume will surely be followed by a correction. When the second increase in volume occurs, that is our best entry opportunity!
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💎In terms of price: you must pay attention to the closing price, the fluctuations during the process are not important. If the closing price can stabilize, it indicates that the main force is really about to take action. How to distinguish between a real and fake pump? The summary from Lao Jiu is that if the closing price can stay above the resistance level, then the probability of a breakout is very high!
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💎Entry Time: Before the breakout, it is best if the coin price has already experienced a long period of sideways accumulation, the longer the better. The concentrated chip area should ideally have less than 10% fluctuation. Once the main force completes a large amount of accumulation in such a mark, it will undoubtedly proceed with a devilish pace that shows no regard for anyone, exploding without looking back!
💎Regarding the resistance level: It is essential to identify the previous resistance levels. For example, during a previous decline, if there was support in that range and it stayed in that area long enough, then that position becomes the resistance level for an upward movement. Normally, when approaching a key resistance level, the first direct breakthrough can generally be considered a false breakout. At this point, it is advisable to exit first and wait for a minor pullback before entering again!
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💎 If you haven't learned yet, there are only two choices now:
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☹️Continuing to fight alone, relying on luck to make money, will ultimately lead to losing by strength and being submerged in the market's tide!
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(Select B) ✅ Join the Old Nine Team
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The market never lacks opportunities; the question is whether you can seize them. Only by following the right people can you survive in the market in the long term and earn more!
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