Speech Community Live Streaming: CPI Data Landing! Deeply analyze the subsequent trend of the market

Click on the link to enter the meeting: https://meeting.tencent.com/p/9850662513 ——Core Macro News (Market Leading Factors) 【 1. US July CPI data landing (heavyweight yesterday evening) 】 Data: CPI year-on-year 3.4% (previous value 3.5%), core CPI year-on-year 2.5%, overall fully in line with market expectations Market logic: On the positive side: inflation has slightly cooled down, completely dispelling the panic of short-term aggressive interest rate hikes. The expected interest rate hike in September remains around 45%, and the expectation of interest rate cuts has not further deteriorated; Negative aspect: No unexpected difference! The market is playing the game ahead of time to cool down inflation, and after the data is released, there is a trend of "buying expectations and selling facts". Without an unexpected downturn, funds will not actively enter the market in large quantities. Market feedback: BTC briefly rose and then quickly fell back, falling into a range oscillation, typical positive news blunting the market. Tonight's key data: US PPI Producer Price Index (released in the evening) CPI represents terminal consumption inflation, while PPI is a leading indicator of upstream inflation ——PPI lower than expected: Strengthening the logic of inflation falling back is beneficial for BTC rebound; PPI higher than expected: The market is concerned about fluctuating inflation, which is bearish for the cryptocurrency market and may trigger downward testing; The current market has entered the stage of data gap relay, and PPI is the most important market catalyst for the day. ——Market funds and on chain news: 1. Market sentiment: The Panic Greed Index remains in the fear zone, with strong wait-and-see sentiment among retail investors and insufficient enthusiasm for bottom fishing funds; 2. Derivative Structure: Balanced long and short positions, without extreme long/short squeeze patterns. Short term liquidation under volatile market conditions presents a bi-directional harvest 3. Risk of selling pressure: There are dense trapped markets above, and each rebound lacks incremental capital relay, resulting in poor sustainability of the rebound. ——Geopolitics and other news: The geopolitical conflict in the Middle East remains stable in the short term, and the energy premium has subsided. Without sudden geopolitical hedging trends, Bitcoin is temporarily unable to rely on hedging narratives to gain additional buying support. At present, it belongs to the oscillating grinding table market of macro data vacuum switching. The unilateral market trend needs to wait for tonight's PPI and tomorrow's SEC meeting to give a clear direction; Before the heavyweight news landed, mainstream currencies fluctuated back and forth within their range, while knockoffs followed the fluctuations of the market and had fewer independent market trends. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.