Bitcoin broke 60000 over the weekend and is currently recovering around 61700. The important milestone I need is coming, and I have also talked to @ Cato'KT Cat Brother before Just now Michael Saylor released the Big Pie Tracker information again, or hinted at increasing his BTC holdings again, but the specific disclosure will be tomorrow, which is Monday. Saylor also sold pancakes in 2022, but immediately doubled their purchases. See if we can double the purchase this time as well The main reason for this decline is the fluctuation of the US and Iran, which has led to inflationary expectations pressure. In addition, Saylor really chose a time to announce the sale of big cakes last Monday, causing market panic At present, it cannot be said that the panic has completely dissipated, but it seems to have eased somewhat. If it is announced tomorrow that Saylor has increased its holdings again, it will naturally stabilize the panic and may have a certain rebound for the market. I also wanted to eat this rebound before, but Cat Brother advised me not to go against the trend. Because even if Saylor increases its holdings, the US and Iran have not yet been resolved, the rebound is limited, and the time is extremely short, so it may be trapped if not careful In addition, with the release of CPI data on Wednesday, the current oil price is still above 90, and the expected CPI annual rate data of 4.2 is higher than the previous value of 3.8, indicating that the US still faces inflationary pressure caused by the rise in oil prices. At that time, the US stock market will definitely be under pressure, and the already panicked market will be further exacerbated. So the key is Trump. At the end of May, Trump was going to continue to promote the second peace talks, but the results were repeated. If Trump did not ease up before Wednesday, then the US stock market after the cpi data might "die for him". If Trump continued to promote the peace agreement before Wednesday, it could help to eliminate the "ugly" cpi data on Wednesday therefore Tomorrow Saylor will announce an increase in holdings to stabilize emotions, which may lead to a small rebound; On the contrary, panic may increase. Then we will see whether Trump will continue to promote peace negotiations and open the Strait of Hormuz before Wednesday. If so, the oil price will fall, which will boost the risk market (US stocks+big cakes). (Personally, I hope Trump will promote the peace talks as soon as possible and let the Strait open to navigation. I have talked with @ PhyrexNi for many times, and we still have an empty bill for oil prices.) But the release of CPI data on Wednesday may also have a dampening effect on market sentiment, as the actual inflation data is indeed not good looking. If the data exceeds expectations and the risk market is under pressure after the data is released, Trump may immediately come out and say that it is necessary to open the channel and save the market So let's all welcome Chairman Walsh's speech on the early morning of next week's 18th. There is a high probability that there will not be a rate cut in June, and the key lies in his remarks. Is it due to a lack of consideration for raising interest rates or a belief that high inflation requires a rate hike Everyone will see our new chairman drawing lines with his mouth