Tonight's CPI, a brief summary!

1. Currently, market sentiment suggests that the White House is confident Wosh will take over the Federal Reserve in May. You know his background; if he does, the market will probably shake!
2. Under the backdrop of the US-China war, all analysis agencies believe that US consumer inflation in March will rise sharply. If so, cutting rates and raising rates are just a matter of a word!
3. Last night's PCE data was revised upward to 2.7%, once again overturning the logic of rate cuts. Global funds are flowing back into the dollar, and the US stock market's prospects are weak!
4. The two-week ceasefire announced on April 8th has cooled risk aversion sentiment. US stocks have rebounded significantly in the past two days, but do not ignore the fundamental nature of this round of inflation.
Currently, the market's sentiment forecast value is 3.3%. Inflation is exceeding expectations, and expectations for rate cuts are decreasing. For US stocks and cryptocurrencies, this is definitely bearish, while the hard asset nature of gold as an inflation hedge makes bullish sentiment even stronger.
My personal prediction: tonight's CPI, US stocks and cryptocurrencies will decline; yesterday's surge, then pullback to give up gains; gold initially rises then falls.
Pay close attention to the movements in European and American markets. Bitcoin faces resistance at 723-726, strong resistance at 742, support at 706-688. Intraday, the idea of shorting around 723 remains valid!
Tonight, we will livestream to counter the CPI. Let's fight together on Black Friday!