The CPI data results are out❗ Someone made over a million dollars in two hours🧐

In May, the year-over-year CPI increased by 4.2%, hitting a 3-year high, while core CPI rose only 0.2% month-over-month, below market expectations—an "apparent heat with a cool interior" pattern. After the data was released, U.S. stock futures quickly narrowed their losses, with Nasdaq futures dropping from over 1.5% down to 0.9%, and the market clearly relaxed.

Interestingly, someone had already bet on a rebound after the CPI data was announced at 8 p.m., going long on $60 million worth of ETH, then closing the position at 10 p.m., making $1.22 million in just two hours. Can you keep up with this pace?🤔

But just as things started to improve here, chaos returned with Middle East tensions. Iranian drones shot down a U.S. military helicopter in the Strait of Hormuz, prompting Trump to order a third round of precise strikes, and the Iranian Revolutionary Guard immediately issued a stern warning that they would respond more severely. The Nasdaq once fell over 3.5%, Bitcoin dropped below $61k during the day, and gold broke through $4,200.

Let's take a look at the current market:

$BTC Currently oscillating around 61,900, Bollinger Bands are narrowing, MACD was positive yesterday but has turned negative today, so the short-term trend is unclear.

$ETH After two dips near 1620 and rebounds to 1640, technical indicators show some resistance to decline, but the funding rate being negative indicates weak willingness to chase higher prices.

$SOL Hovering around 64.7, the 4-hour moving averages are in a bearish alignment, with the center of gravity falling again and again. In the short term, defensive trading is still the main approach, and there are no clear signals of renewed buying interest.

Principal’s chief strategist also said that inflation remains high at around 4%, but core data is slowing, giving the Federal Reserve some breathing room—no quick rate hikes in the near future.

Market fluctuations are normal; the key is not to lose your rhythm.🔥

Do you think the positive momentum from CPI will continue, or will geopolitical conflicts keep dominating the market? Feel free to share your thoughts in the comments!👇

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