The moment this inflation line lifts its head, what resonates first isn’t the USD narrative—it’s high leverage pulling back. Warsh said, “There’s still work to be done.” The $BTC spot is already back to 77816, down -3.45% in 24h. The contract-to-spot trading ratio has hit 11.2x. It’s like a group holding megaphones to discuss risk—yet on the spot side, not many people are actually paying up.

I didn’t chase shorts. I placed a long order at 76880 as an add-on, with a stop-loss at 76450. I’m treating the intraday low at 76888 as a support test for now. The funding rate is still at +0.01%, and the shorts haven’t reached a comfortable zone. Pairing macro statements with a leveraged tide pulling back—this combination is most prone to back-and-forth sweep moves. $BTC #BTC