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olumide 02
rebound for a reversal
Crude oil has fallen back, and expectations of Middle East risks have cooled down, giving BTC and ETH a rebound last night. But don't rush to call it a trend reversal. This week's CPI is the main event; before the data is released, market sentiment is easily swayed by news. The rise could be a bear trap or a bull trap.
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Today’s market buzz
1#U.S. nonfarm productivity rises 3.6%, initial jobless claims below expectations
Hot
2#Philadelphia Semiconductor Index records largest single-day drop since March 2020

3#Trump says he is ready to veto Democratic legislation


