$ETH It’s like a puddle of rotten mud!
With CPI data propping it up, can’t it manage to make a move upward? Instead, it’s still sliding down! Where’s the problem!
The biggest issue is that it simply matched expectations. What the market least wants is to pay for expectations! One month ago, the probability of a rate hike was 30%, which caused panic among everyone. At a loss, after the CPI data was released, the rates were kept unchanged—so the downside catalyst disappeared!
Actually, whether they hike rates or not doesn’t matter. What the market is most worried about is uncertainty. When policy signals are unclear, funds often choose to keep waiting and watching.
#美国7月CPI与PPI数据本周出炉 $BTC
With CPI data propping it up, can’t it manage to make a move upward? Instead, it’s still sliding down! Where’s the problem!
The biggest issue is that it simply matched expectations. What the market least wants is to pay for expectations! One month ago, the probability of a rate hike was 30%, which caused panic among everyone. At a loss, after the CPI data was released, the rates were kept unchanged—so the downside catalyst disappeared!
Actually, whether they hike rates or not doesn’t matter. What the market is most worried about is uncertainty. When policy signals are unclear, funds often choose to keep waiting and watching.
#美国7月CPI与PPI数据本周出炉 $BTC