The biggest impact on cryptocurrency, gold, and the US stock market at present is the interest rate hike This involves the issue of market liquidity Tonight's CPI data of 4.2 meets expectations, with minimal impact This meets expectations, which means there were no unexpected incidents Not exceeding expectations There has been neither an increase in negative sentiment nor a reversal into positive momentum So the impact is relatively small But the negative environment of interest rate hikes in the market is still present Compared to the day of the release of non farm payroll data, the probability of interest rate hikes this year is 42% The probability of interest rate hike after the release of CPI today has increased to 60-70% The probability of interest rate hikes around September is about 45%; The probability of raising interest rates around October is about 60%; The probability of at least one interest rate hike by the end of the year is around 70% -75%. (The chart shows CME's yet to be updated rate hike probability forecast table) My purpose of waiting for Walsh's speech at 2:30am on the 18th is to see what kind of signal he will release, and we will continue to track and update accordingly. Interest rates will definitely be maintained in June The next market trend will still maintain the current negative impact on the market, and be judged based on both technical and emotional factors. Looking for opportunities for rebound after acceleration Because Walsh's remarks were biased towards pigeons, they directly rose in place (a turning point appeared) If you lean towards the eagle, you will fall and then rise again (bearish sentiment will run out, expectations will run out) So, before the 18th, be patient and wait for opportunities to take profit and short positions, ambush and take long positions in the market to see a rebound. (Synchronized with US stock market) Let's talk about these first today, and then talk about them next time!