SignalPlus Macro Analysis: The market has experienced a large-scale rebound, but the gains have been concentrated in a small number of tokens
1. The CPI data released on Wednesday roughly met expectations, triggering a large-scale rebound in the risk market.
2. The Federal Reserve has shifted to an asymmetric stance, tolerating sustained inflationary pressures while focusing on signs of weakness in the labor market.
3. The core CPI rose by 0.29% month-on-month in April, with a decrease in commodity prices and manageable growth in housing prices and rents.
4. Retail sales data was weak, consumer sentiment was poor, and economic growth may be nearing a turning point.
5. The cryptocurrency market was influenced by stock market sentiment, with BTC prices rising and good capital inflows, but significant differences in token performance.
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