This week's macro news:

Monday evening: Two big names from the Federal Reserve (Milan, Williams) have spoken out one after the other, any hints regarding the interest rate path will disturb the market in advance.

Thursday early morning: Atlanta Fed Chair Bostic speaks to warm up for the CPI data.

Thursday evening 21:30: The CPI and initial jobless claims data will be released, a double impact.

If CPI is below expectations (indicating rapid cooling of inflation) = the market will firmly believe that interest rate cuts are coming soon, the dollar will be under pressure, and liquidity expectations will improve, which is usually fuel for risky assets like crypto.

If CPI is above expectations (inflation remains stubborn) the dollar rebounds, interest rate cut expectations are delayed, and short-term market adjustments are almost inevitable.

However, the medium to long-term scenario has not changed much; although the interest rate cut cycle may be delayed, it will not be absent, and the tide of liquidity will eventually turn, which is fundamentally positive for the crypto market.

In terms of operations:

This week, before the data, market sentiment may tend to be cautious, maintain some flexibility in positions, and be prepared to respond to fluctuations in both directions. The real trending market may only become clear after this CPI data is finalized #美联储FOMC会议 #CPI数据