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CPI blows past expectations as it cools off! Don’t blindly chase pumps and get carried away!
After waiting all night, the CPI data is finally out—are you all staring at the chart, clutching your orders tight?
U.S. June CPI year-on-year fell straight to 3.5%, far below market expectations. The month-on-month rate logged the largest drop since 2020, and core inflation also eased in parallel—there’s real proof that inflation is cooling.
But don’t get overexcited and chase gains: this pullback is largely driven by energy prices, and the stickiness in core services hasn’t been fully eliminated yet. A policy pivot won’t happen overnight. We never bet on news to chase the tape—sticking to our own rhythm and executing steadily is the real long-term foundation for profit. #ETH $ETH