Oil at $102 is the only thing that matters. Brent up 2.5%. Crypto’s lazy 42% green? Meh.
Altcoins are noise. $SKY bleeding 4.3%, $PUMP down 2.5%. Small potatoes compared to inflation creeping back. If crude holds 100+, rates go up. That caps BTC near $82k for a while.
Not fighting the macro tape today. Energy spike is the signal, not the 6h moves on lesser names. Watch the yield curve before you touch those alts.
#Macro #Oil #BinanceSquare
Altcoins are noise. $SKY bleeding 4.3%, $PUMP down 2.5%. Small potatoes compared to inflation creeping back. If crude holds 100+, rates go up. That caps BTC near $82k for a while.
Not fighting the macro tape today. Energy spike is the signal, not the 6h moves on lesser names. Watch the yield curve before you touch those alts.
#Macro #Oil #BinanceSquare