Today's homework is a little bit watery, because some very retarded operations wasted a lot of time, and now it's almost light, a little upset. At present, the market sentiment has begun to recover, especially when Trump's attitude towards tariffs began to change into ambiguity, the market has begun to think that the strength of tariffs may not be very large, so the impact on inflation is limited. What's more interesting is that Trump, who twice called for the Federal Reserve not to cut interest rates in a hurry, changed his attitude again and began to call for the Federal Reserve to cut interest rates across the air. The most troublesome thing for the market is the repeated changes in less than three months, but this time it will indeed help the market sentiment. Whether it is the easing of tariffs or the call to the Federal Reserve, it can increase investors' risk appetite, so both the US stock market and Bitcoin have seen varying degrees of gains. What remains should be the end of the Russia-Ukraine conflict. Although it is still in a state of anxiety, it can be seen that the expectation of a ceasefire is getting closer and closer. The ceasefire is still helpful to alleviate inflation in the United States. Looking back at the data of BTC itself, it is still in the same state as the previous two days. Short term bargain hunters have provided a lot of turnover, and more investors believe that it is still in a rebound trend rather than entering a reversal. There are also many investors who are concerned about the possibility of a recession in the US economy. Recently, many US analysts believe that there is a high probability of an economic recession. But if, as mentioned earlier, tariffs are just a raised stick rather than a result of falling, the Russia Ukraine war can really cease in the short term, which has a positive effect on inflation. Although it may not be a reversal, at least the rebound should be stronger. At present, the chip intensive area between $93000 and $98000 is still very stable, and the selling in this range has become increasingly rare, with a decreasing impact on the price. The focus of this week is still on Friday's two data points, the core PCE and the inflation expectations of the University of Michigan. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex