
PANews|May 14, 2025 06:06
Trading time 5.14Keywords: Trump CPI、BTC、ETH、Glonk
Trump spoke out again this morning, predicting a significant rise in the stock market and putting pressure on Federal Reserve Chairman Powell to cut interest rates as soon as possible. At the same time, the US April inflation data released yesterday unexpectedly cooled down, with the CPI annual rate dropping to 2.3%, a new low since February 2021, while the core CPI annual rate remained at 2.8%.
Bitcoin is currently in a volatile range, while Ethereum has surpassed $2700, accounting for nearly 10% of its market value. In contrast, the trend of ETH is clearer, with its breakthrough of $2400 synchronized with the Pectra upgrade, and the resurgence of long-term option flows, which may indicate that ETH is becoming the next major allocation target in the market.
The collective rise of altcoins has made AI and mainstream MEME coins the preferred choice for funds, and the on chain market heat continues to rise. Glonk has emerged as a competitive landscape among multiple platforms and chains.
BTC Medium to Long Term Trend Channel: Along the Upper Line (100716.05 USD), Along the Lower Line (98721.68 USD)
ETH Medium to Long Term Trend Channel: Upper Line ($2287.28), Lower Line ($2241.99)
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