🚨 $ETH
: PPI WILL DECIDE — IS THE BOUNCE REAL?
$ETH is trading around $2,361 after the CPI selloff wiped nearly $1B in 24h. The chart is sitting at a make-or-break point.
WHY PPI (5:30 PM PKT) IS EVERYTHING:
→ CPI came hot (3.7% vs 3.6%) → Fed hike odds flipped 22% → 53.7%
→ $286M of the liquidations were $ETH longs — forced sellers are done
→ 10Y yield at 5.329%, a 24-year high — macro fear is maxed out
MY LEVELS (marked on the chart):
🔻 $2,300 — support, a break opens cascade round 2
🔵 $2,370 — pivot zone, holding so far
🎯 $2,450 — resistance, reclaim it and the squeeze is on
PPI cool → $2,450. PPI hot → $2,300 breaks. What's your call — bounce or breakdown?
#CPIWatch
: PPI WILL DECIDE — IS THE BOUNCE REAL?
$ETH is trading around $2,361 after the CPI selloff wiped nearly $1B in 24h. The chart is sitting at a make-or-break point.
WHY PPI (5:30 PM PKT) IS EVERYTHING:
→ CPI came hot (3.7% vs 3.6%) → Fed hike odds flipped 22% → 53.7%
→ $286M of the liquidations were $ETH longs — forced sellers are done
→ 10Y yield at 5.329%, a 24-year high — macro fear is maxed out
MY LEVELS (marked on the chart):
🔻 $2,300 — support, a break opens cascade round 2
🔵 $2,370 — pivot zone, holding so far
🎯 $2,450 — resistance, reclaim it and the squeeze is on
PPI cool → $2,450. PPI hot → $2,300 breaks. What's your call — bounce or breakdown?
#CPIWatch