On Sunday, the work was easier, and I completely relaxed for a whole day. Today, I was quite disappointed that Robinhood couldn't join the S&P 500 in the second quarter. I prepared funds but couldn't buy $CRCL, and failed to switch to $HOOD. Should I chase $MSTR on Monday? Or buy some Tesla? I'll decide tomorrow.
Next week's focus should be on the trade talks between China and the US, which should be on Tuesday Beijing time. The market sentiment will likely start reacting from Monday's opening. I hope this time we can get a definitive result. Currently, the main tariff issues are between the EU and China.
Additionally, the CPI and PPI data next Wednesday and Thursday are not looking good from current market expectations. The predicted data is higher than the previous value. If these data are true, it would be somewhat of a blow to expected interest rate cuts and market sentiment. We need to pay attention to this next week.
Looking at Bitcoin data, it's quite normal, with a typical weekend pattern. The turnover rate is very low, and investor sentiment is very stable. Investors who were selling at a loss during weekdays are no longer selling. Only investors who bought the dips yesterday had slightly more turnover, while most investors are spending the weekend.
With low turnover, support hasn't changed much. Currently, more chips are accumulated between $104,000 and $105,000, with positions already close to 1.07 million $BTC at these two levels. The market is becoming increasingly urgent about choosing a direction.
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