🚨MACRO ALERT: Day of high volatility in the markets 🚨
Good morning, traders! Today is the most important day of the week. In just a few hours, we’ll get the official U.S. inflation data (July CPI), the catalyst that will completely shake up the crypto market.
⏰ Key times to watch today:
08:30 AM (EST): Official CPI release.
09:30 AM (EST): New York Stock Exchange open (Wall Street).
💡 My Flight Plan:
The market is very compressed. Bitcoin is holding the $63,700 - $64,000 range, but these data will trigger aggressive wicks in both directions to liquidate over-leveraged positions.
My recommendation for today is simple: Stay calm or use strict stop losses before the report time. Don’t trade the initial candle direction; wait for the market to digest the news.
Leave your comment below: 👇
Do you think inflation will come in lower than expected (bullish 🚀) or higher (bearish 📉)? I’m listening!
#USJulyCPI&PPIDueThisWeek #Bitcoin #ResponsibleTrading
Good morning, traders! Today is the most important day of the week. In just a few hours, we’ll get the official U.S. inflation data (July CPI), the catalyst that will completely shake up the crypto market.
⏰ Key times to watch today:
08:30 AM (EST): Official CPI release.
09:30 AM (EST): New York Stock Exchange open (Wall Street).
💡 My Flight Plan:
The market is very compressed. Bitcoin is holding the $63,700 - $64,000 range, but these data will trigger aggressive wicks in both directions to liquidate over-leveraged positions.
My recommendation for today is simple: Stay calm or use strict stop losses before the report time. Don’t trade the initial candle direction; wait for the market to digest the news.
Leave your comment below: 👇
Do you think inflation will come in lower than expected (bullish 🚀) or higher (bearish 📉)? I’m listening!
#USJulyCPI&PPIDueThisWeek #Bitcoin #ResponsibleTrading