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Phyrex|Feb 11, 2025 12:50
We have discussed the issue of CPI several times on Sunday and Monday. Currently, the actual impact of CPI on the market is very limited. Secondly, the data expected from the CPI market this time is still good, so the negative impact on the market should be lower. From my personal understanding, there should be no need to avoid risks.
But more objectively speaking, whether it is safe haven can be determined by changes in the prices of US stocks, US dollar indices, and US Treasury bonds, especially as US stocks and the US dollar are more sensitive to safe haven sentiment. If you are concerned about the emergence of safe haven sentiment, you can look at the performance of US stocks and stock index futures.
If the stock index futures fall (after opening, it is the US stock market) and the US dollar index rises, it represents an increase in risk aversion, while if the stock index futures fall and the US dollar index falls, it means that the market is still relatively optimistic.
Cryptocurrencies should react according to the reaction of the US stock market. For example, if the US stock market crashes to avoid risks, it is difficult for Bitcoin to rise alone.
This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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