Evening CPI Interpretation: Last night’s PPI data came in above expectations. Upstream inflation is rising alongside oil prices staying at high levels, putting upward pressure on the CPI.
The market has already priced in hawkish expectations in advance, so once the data is released, it is easy to get a “needle-like” spike. The structure shows repeated breaks of lower lows on both ends, while rebound highs keep getting lower. The trend is relatively weak, and there is an expectation of further downside.
① Bearish (CPI > expectation, core CPI above expectation): 45% — pressured selloff, testing the 756 support
② Neutral (CPI meets expectations): 35%
With no strong macro catalyst, it returns to technicals: a little up-and-down “tea needle” movement, and then it turns weaker again.
③ Bullish (CPI < expectation): 20%
Risk appetite recovers; rebounds test the daily Boll midline at 786.
So the downside expectation for the evening is amplified. At the current level of 773, you can lightly “position and wait,” with 758 to 753 unchanged. If the data unexpectedly turns bullish, then adjust accordingly. $BTC
$ETH
#CPI数据来袭能否触发9月加息 #Liquid网络3.2亿美元漏洞后恢复出块 #加密市场板块连续两日下跌
The market has already priced in hawkish expectations in advance, so once the data is released, it is easy to get a “needle-like” spike. The structure shows repeated breaks of lower lows on both ends, while rebound highs keep getting lower. The trend is relatively weak, and there is an expectation of further downside.
① Bearish (CPI > expectation, core CPI above expectation): 45% — pressured selloff, testing the 756 support
② Neutral (CPI meets expectations): 35%
With no strong macro catalyst, it returns to technicals: a little up-and-down “tea needle” movement, and then it turns weaker again.
③ Bullish (CPI < expectation): 20%
Risk appetite recovers; rebounds test the daily Boll midline at 786.
So the downside expectation for the evening is amplified. At the current level of 773, you can lightly “position and wait,” with 758 to 753 unchanged. If the data unexpectedly turns bullish, then adjust accordingly. $BTC
$ETH
#CPI数据来袭能否触发9月加息 #Liquid网络3.2亿美元漏洞后恢复出块 #加密市场板块连续两日下跌
