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- Gate.io Suggested Topics Posting Event: #CPI Data Drops#
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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
⚠️ Notes: Plagiarism is prohibi
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Yesterday's live stream topic was that a rebound is not a reversal. Wait for Ethereum and others to pull back to the support level before buying low. Today, the rebound momentum does not look good. Those who bought low can reduce position and continue to wait for a deeper pullback before buying low again.