Interpretation: "The Beige Book of the US Economy", "Trump's Rose Garden Dinner for Tech Giants" and "Eagle Kashkari's Fireside Chat" reveal:
Economic Beige Book: Economic activity in the United States has shown little change or stagnation in most regions, employment remains stable, wage pressures have eased, consumer spending has slowed, leisure travel has declined, and prices have risen moderately. The gist is that interest rates are set to be lowered.
Trump's banquet: Apple CEO Tim Cook, Meta founder Mark Zuckerberg, Microsoft founder Bill Gates, and OpenAI founder Sam Altman (but excluding Musk) may discuss AI, technology policy, and cryptocurrency regulation, showing his support for the innovation industry. It's unclear whether cryptocurrency will be discussed, but the benefits outweigh the drawbacks.
Eagle card what card fireside chat: High inflation and changes in the labor market may lead to a cooling of market expectations for interest rate cuts in 2025, putting pressure on cryptocurrencies and other risk assets in the short term, as a high inflation environment is unfavorable to loose policies, the only possible negative factor tonight.
In summary: Tonight $BTC may test 113500😂
If you have to find a reason for the rise: Musk didn't attend the dinner tonight.
Personal interpretation, no one knows the result until the data is released, #今日你看涨还是看跌?##特朗普 #