Tonight at 8:30 PM US CPI:



• Year-over-year 3.3% (in line with expectations, previous 2.4%)

• Core CPI Year-over-year 2.6% (below expectations of 2.7%)

A one-sentence summary of the crypto market impact:

Overall inflation increased (driven by oil prices), but core inflation remains soft

• The US Federal Reserve's rate cut will be delayed, but it won't become more hawkish

• Crypto market: short-term volatility remains stable, no crash expected, and a big rally is unlikely

• Advice: Don't chase highs, avoid reckless leverage, watch more, act less, and wait for clarity #cpi $BTC
BTC0,76%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin