BTC took a quick dive to $76K after the US CPI print but bounced right back above $79K as over $250M in shorts got liquidated within an hour 📉 The August CPI landed at 3.4% YoY with core CPI cooling to its lowest since early 2021, yet markets still price a ~90% chance of a Fed hike next week. BNB also caught a bid, breaking $720 resistance to hit $733 on strong RWA ecosystem growth and record stablecoin holders on BNB Chain 🟡 The broader crypto stock rally and swift recovery suggest positioning was heavily one-sided going into the data. Sometimes the scariest candles turn into the sharpest squeezes ⚡
