Consumer confidence just printed 89.4 vs 90.3 expected — third miss in a row.
We've bled from 93.1 in May to 89.4 now. That's a clear downtrend.
Softer consumer = weaker demand = macro headwinds building. Fed might get the slowdown they wanted, but this could tilt risk-off sentiment across equities and crypto.
Watch how $BTC reacts if this trend continues. Liquidity dries up fast when confidence cracks.
We've bled from 93.1 in May to 89.4 now. That's a clear downtrend.
Softer consumer = weaker demand = macro headwinds building. Fed might get the slowdown they wanted, but this could tilt risk-off sentiment across equities and crypto.
Watch how $BTC reacts if this trend continues. Liquidity dries up fast when confidence cracks.
