PPI is out, and the data didn’t collapse—yet the market is already falling first. Objectively speaking, this data isn’t that bad: 5.4% annualized, which is 0.1 percentage points above expectations; core month-on-month is 0.2%, still below expectations. Overall it’s bearish, but it’s the kind of bearish move that’s more like a light tap.
What about BTC and ETH? They got dumped with big volume, straight down.
The line between life and death for this round of the market—76200—just barely missed by a little over 1%. What does that mean? The market is already panicking enough that it doesn’t care about the data itself anymore—only the direction.
With this kind of market, either stay in cash and watch, or short in line with the trend—don’t think about catching the bottom.
Tomorrow night at 20:30, the CPI—90% likely it will be bearish. The waterfall hasn’t arrived yet, but the water has already reached your ankles.
Keep waiting—this brutal drop is still coming.
#PPI #CPI数据
What about BTC and ETH? They got dumped with big volume, straight down.
The line between life and death for this round of the market—76200—just barely missed by a little over 1%. What does that mean? The market is already panicking enough that it doesn’t care about the data itself anymore—only the direction.
With this kind of market, either stay in cash and watch, or short in line with the trend—don’t think about catching the bottom.
Tomorrow night at 20:30, the CPI—90% likely it will be bearish. The waterfall hasn’t arrived yet, but the water has already reached your ankles.
Keep waiting—this brutal drop is still coming.
#PPI #CPI数据
