#CPIWatch
CPI is out and it's hot.
Headline came in at 3.4% while Core printed 2.4%.
The gap is all energy. Brent hit $109 after Saudi reported its lowest crude output since 1990.
Fed hike odds jumped from 61% to 76% on CME FedWatch.
September hike is now the base case.
My view:
This means short-term pressure on risk assets. Crypto and stocks will likely feel it first.
But every rate-hike scare also creates a buying opportunity.
My current setup:
- 70% USDT on sidelines
- 30% BTC long term hold
- Will DCA if we get a 5-8% dip post CPI
What's your play here? Are we getting a dip or is the market already priced in?
Drop your thoughts 👇
join Binance
CPI is out and it's hot.
Headline came in at 3.4% while Core printed 2.4%.
The gap is all energy. Brent hit $109 after Saudi reported its lowest crude output since 1990.
Fed hike odds jumped from 61% to 76% on CME FedWatch.
September hike is now the base case.
My view:
This means short-term pressure on risk assets. Crypto and stocks will likely feel it first.
But every rate-hike scare also creates a buying opportunity.
My current setup:
- 70% USDT on sidelines
- 30% BTC long term hold
- Will DCA if we get a 5-8% dip post CPI
What's your play here? Are we getting a dip or is the market already priced in?
Drop your thoughts 👇
join Binance
