Today's fatigue is both physical and mental. On the one hand, Micron's financial report is good, and both the US stock market and Bitcoin have shown optimistic rebounds. On the other hand, we are waiting for the data from the core PCE. Although the data is not unexpected, the expected inflation is still too high. As I mentioned recently, inflation was during the US Iran war, not now. After three months of war, oil prices have fallen from around $100 to $70. That is to say, inflation that has been rising for three months should theoretically recover in three to four months, and the speed of oil price decline has exceeded the expectations of many investors. It is very likely that inflation in August and September will see a significant decrease, so the possibility of a rate hike in September is too low. Although the US stock market and Bitcoin: native did experience another decline after the inflation data appeared, the US stock market has already completed its recovery in the early morning. Compared to yesterday's closing, the Nasdaq rose nearly 1%, and the S&P also returned to its upward trend, indicating that if the decline was caused by the core PCE, the stock market has already digested it. However, Bitcoin is indeed quite uncomfortable. When it falls, it falls even more, and when it rises, it rebounds even more weakly. Especially the FUD of MSTR has made Bitcoin bearish all the way. I cannot be sure how the price will change in the short term, but if it is due to the core PCE, then I believe that the US stock market can react. It is a matter of time for Bitcoin to react. Of course, it cannot be ruled out that some investors may sell Bitcoin to buy US stocks, which is also normal. After all, the financial report of MU Micron is excellent, which means that the market will not worry too much about the AI foam problem before the financial report of Nvidia in the next month. But for cryptocurrency, what needs to be repaired is the confidence of users. Bitget is here, VIP! Crypto、 US shares CFD， Global Advantage One Stop Layout