August US PPI came in at 5.4% (above expectations) ➡️ it increased the chances of a rate hike next Wednesday (now a 2/3 chance of a hike) The market and $ETH reacted with a slight dump 📉 We have the CPI numbers dropping today ➡️ depending on the numbers they will also impact markets As we approach the FOMC on September 16, crypto will most likely remain in the red 🔴 Don't rush. Again, my thesis: • No rate hike → pump on the news, then sideways between $70K and $80K for the next couple of weeks for Bitcoin • Rate hike → revisit of the $60Ks for potentially one final perfect entry before an uptrend into year-end Let's see how it goes and adapt 🎯