Lagarde: Inflation risk tends to rise

Click on the link to enter the meeting: https://meeting.tencent.com/dm/L1CrUCgvqNKE Tonight at 22:00, we will start the live broadcast on time, focusing on the core logic of the market, breaking down market trends, and sharing professional practical analysis. Based on the overall trend of the intraday market, the market exhibits the core characteristics of high-level stagnation and range oscillation, and the long and short forces have entered the stage of equilibrium game. After a slight increase during the day, it came under pressure and fell back, overall operating within a narrow range of 65500-66500. The market has tested the core pressure range of 66800-67000 multiple times, but has not been able to form an effective breakthrough, and the bullish momentum can continue to decline. The short-term support effectiveness of the 65600 line below is strong, and the downward correction rhythm slows down. The market is caught in a dilemma of ups and downs, and the overall wait-and-see sentiment is strong, waiting for a change in direction. The ETH spot price is around 1932, and the overall trend is weaker than the BTC market, with no independent market trend. Recently, the currency has continued to follow the pressure level and consolidate horizontally. The four hour level volume can continue to contract, and the upward movement is insufficient, but the downward resistance is highlighted. The market is completely linked to the fluctuations of the big pie, and the trend of counterfeit currencies in the secondary market is significantly differentiated. The overall market profitability effect is weak, and most targets passively follow the market and wait for a breakthrough in direction. The market has been fluctuating at a high level for a long time, and the core reason is the hedge formed by the two-way fundamental logic of long and short. The market has temporarily lost the momentum of unilateral trend, which is also the core key to the current market's struggle to accumulate strength. The logic of bearish core suppression: global geopolitical conflicts persist, commodity prices remain high, and the pace of global inflation decline is slower than market expectations. In this context, the market's expectations for the frequency and timing of interest rate cuts by the Federal Reserve this year continue to be revised, and the expectation of easing has cooled down. The US dollar index and US bond yields remain at high levels, continuing to suppress the valuation of cryptocurrency risk assets. At the same time, the market has been experiencing long-term contraction and stagflation, with the risk of loosening high-level chips gradually accumulating, and the probability of short-term correction and market washing continues to increase. The core support logic of bulls: institutions have a clear willingness to support the bottom, BTC spot ETFs continue to maintain a net inflow trend, completely reversing the weak pattern of continuous outflow of funds in the early stage, and mainstream medium and long-term funds have not withdrawn from the market. The current market panic sentiment is at a low level, with retail selling pressure largely cleared. The market has sufficient capacity to bear the low-level pressure, and the bottom structure of the market is solid. There is no systematic risk of decline, which greatly limits the space for deep retracement. Tonight's live broadcast at 22:00 will delve into three key issues: 1、 BTC is experiencing long-term contraction and volatility at a high level. Is the current market a consolidation before the trend breaks through, or is the bullish momentum dissipating and about to initiate a technical correction? 2、 Continuous net inflow of ETF funds but stagnant market, analyzing the true flow of funds and distinguishing whether it is long-term institutional fundraising or short-term fund arbitrage and shipment? 3、 How to avoid the risk of high-level volatility and seize the opportunities for low-risk trading and layout in the current market, given the weak volatility of ETH and the differentiated trend of counterfeit currencies? 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.

Former BitMEX co-founder Arthur Hayes tweeted his gratitude to partners, BitMEX employees, and customers for creating an exciting journey together and taking pride in the business he has created. He also stated that he will responsibly and voluntarily shut down the BitMEX platform.

According to MSX.COM data, the US stock market's optical communication and cloud computing services sector collectively rose, with MaxLinear and Hut 8 up over 8%, AAOI, Lumentum, AXTI, and IREN up over 5%, and Corning, Coherent, Nebius, and CoreWeave up over 2%.

According to MSX.COM data, the Philadelphia Semiconductor Index opened low but turned high, with semiconductor hardware stocks rising. SK Hynix rose over 5%, Western Digital and Micron Technology rose 3%, and ASML, Intel, and Broadcom turned up.

According to Lookonchain monitoring, there was a net inflow of 1064 BTC into the US Bitcoin ETF today, and a net inflow of 10891 BTC on the 7th; The net inflow of Ethereum ETF was 37753 ETH, with a net inflow of 84364 ETH on the 7th.