Currently in a 90-day tariff extension, the market has significantly reduced its bet on resuming interest rate cuts in May In May, the CPI and PCE data are difficult to reflect the overall impact, and will gradually be reflected starting from June. Fed minutes show that there is no intention to cut interest rates in advance and still rely on future employment based on economic data. Japan raised interest rates in May and the United States did not cut interest rates in June. If the two were combined, they would fluctuate and decline. When King Dong does not continue to make trouble, the tariff shortfall will be temporarily implemented in the market. The market may see Mavericks Day on the Japanese interest rate day in May If Japan does not raise interest rates, the market will continue to recover So the current risk is in May and June. US rate cuts, so big cakes have hope of returning to highs in June #Trump suspends new tariffs #crypto market rebounds #CPI data is coming #SEC crypto asset securities disclosure guide