Post
August CPI landed in line: +0.4% m/m and +3.4% y/y. That was the last major inflation print before the Sept 16 FOMC.

The path still matters. PPI printed hot at 5.4% y/y on Thursday. BTC was sold into $76.3k, then the CPI dip was bought back toward $78.5k–$79.2k. ETH held up better and pushed through $2,500 toward $2,600.

Spot BTC ETFs are not confirming the bounce yet: −$283M on Sept 10, about −$450M across three sessions, led by ARKB.

Levels:
• $76.3k–$76.5k keeps the rebound intact
• $79.7k–$80.5k is where the bounce has to be accepted
• A loss of $76.3k opens $74k

Retail often fades the first green candle after a hot print. The real test is whether $76.3k survives the weekend and Wednesday’s FOMC.

Bias: short-term bounce, not clean risk-on.

$BTC
btc
BTC/USDT
--
+0.12%
‌C $ETH
eth
ETH/USDT
--
+3.02%


Not financial advice. DYOR.
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BTCBTC+0.12%
ETHETH+3.02%

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AirdropSeal
an hour ago
ETH breaks above 2600 with relative strength, while BTC is still struggling with the 79k resistance. The quality of this rebound is mediocre; the “short-term bounce” positioning is spot-on.
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ChiveRevival
an hour ago
That $74k gap looks scary; if $76.3k breaks, the cascading reaction could be very ugly. Those with heavy positions are advised to reduce some exposure first and wait for the FOMC decision.
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CrossBird
an hour ago
ARKB has led the sell-off for three consecutive days, and the ETF funds not following the rally is indeed unsettling. Whether $76.3k can hold this weekend is hard to say.
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DepegDaydream
3 hours ago
First Review
PPI is still stubbornly high at 5.4%, CPI merely came in line with expectations, and the market has already V-recovered? Retail is indeed fading the first green candle. Wait for Wednesday’s FOMC.
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