After five days, I started doing dual currency again. I originally wanted to take action after the CPI data yesterday, but considering that the US stock market closes on Friday, I decided to wait a bit longer until today.

I saw that yesterday, due to the CPI spike, it reached 76,000 USD and then gradually rose with the recovery of the US stock market. This can indicate two points:

1. Bitcoin still has some correlation with the US, especially tech stocks, and continues to be affected by US macro factors.

2. The buying volume for bitcoin:native is still quite good, and selling is not very evident, especially after $MSTR turned into a profit, the market sentiment has clearly improved a lot.

Based on these two points, I first think that the fluctuations over the weekend may not be too large, and secondly, there are talks between Iran and Gulf countries on Monday, which may discuss opening up some routes in Hormuz, which is definitely a good thing.

Then I saw that as of 16:00 Beijing time on Tuesday, the interest for the 75,000 USD dual currency was 12.11%, which I thought was still acceptable, so I bought a bit.

@Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFD, and prediction market all-in-one trading

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