$BTC
A One-Sentence Take by Vaush
The crypto market is starting to headache again
Big-Biscuit Bro got beaten up again
Inflation is the Fed’s top priority
This time, Vaush at Jackson Hole was pretty much blunt about it
Right now, what the Fed is focusing on most is inflation
In the U.S., July PCE year-over-year is already 3.7%
The Fed’s target is 2%
It’s still a bit far off 😂
Vaush’s meaning is also very direct
If underlying inflation can’t clearly and quickly move toward 2%
Then the Fed still has work left to do
In plain human language, it means:
Don’t keep thinking about rate cuts
I haven’t cleaned up inflation on my end yet
And that’s a bit troublesome for Big-Biscuit Bro
Because what does the crypto market love most?
Rate cuts, liquidity, a softer dollar, and rising risk appetite
Even more interesting is that
Vaush also believes that the current financial conditions haven’t tightened in any obvious way
The economy and consumption still have resilience
AP also noted that his remarks leave open the possibility of continuing to hike rates if necessary in the future
So yeah
Today, Big-Biscuit Brother is sliding hard
Dropping straight from 81,500 to 76,800
But honestly, they were mentally prepared in advance
They knew the Fed wouldn’t be holding back any good news
Today is likely going down
And the current price is also a good time to get on board
At least it matches my expectations
Do you think it’ll go up next, or keep falling?
#沃什称通胀是美联储首要关注
A One-Sentence Take by Vaush
The crypto market is starting to headache again
Big-Biscuit Bro got beaten up again
Inflation is the Fed’s top priority
This time, Vaush at Jackson Hole was pretty much blunt about it
Right now, what the Fed is focusing on most is inflation
In the U.S., July PCE year-over-year is already 3.7%
The Fed’s target is 2%
It’s still a bit far off 😂
Vaush’s meaning is also very direct
If underlying inflation can’t clearly and quickly move toward 2%
Then the Fed still has work left to do
In plain human language, it means:
Don’t keep thinking about rate cuts
I haven’t cleaned up inflation on my end yet
And that’s a bit troublesome for Big-Biscuit Bro
Because what does the crypto market love most?
Rate cuts, liquidity, a softer dollar, and rising risk appetite
Even more interesting is that
Vaush also believes that the current financial conditions haven’t tightened in any obvious way
The economy and consumption still have resilience
AP also noted that his remarks leave open the possibility of continuing to hike rates if necessary in the future
So yeah
Today, Big-Biscuit Brother is sliding hard
Dropping straight from 81,500 to 76,800
But honestly, they were mentally prepared in advance
They knew the Fed wouldn’t be holding back any good news
Today is likely going down
And the current price is also a good time to get on board
At least it matches my expectations
Do you think it’ll go up next, or keep falling?
#沃什称通胀是美联储首要关注
