TechFlow news, on June 12, Chloe (@ChloeTalk1), author of the HTX DeepThink column and researcher at HTX Research, analyzed yesterday's released U.S. May CPI data, pointing out that the month-on-month core CPI rose only 0.1%, below expectations, indicating that businesses are still absorbing tariff pressures internally or relying on inventory buffers. Inflation is temporarily under control in the short term, which benefits sentiment recovery, but new rounds of price increases may still emerge in the coming months.
In addition, long-term U.S. Treasury yields remain elevated, with the 30-year yield at 4.91%, reflecting that funding cost pressures have not eased. Although China and the U.S. have resumed cooperation on rare earth exports, the agreement is limited to civilian use and lasts only six months, excluding military applications, highlighting that strategic competition between the two sides continues. The Middle East situation remains tense, with Iran threatening to attack U.S. military bases if nuclear talks fail, while Trump expresses pessimism about the agreement's prospects.
In the previous days, Bitcoin rose consecutively above $110,000, with buying concentrated during Asian trading hours, primarily driven by short-term speculative capital, without signs yet of long-term institutional accumulation. Overall, this rebound has been mainly driven by a combination of "easing inflation + Asian speculation."
Note: The content of this article is not investment advice, nor does it constitute an offer, solicitation, or recommendation for any investment product.
