Inflation expectations in the U.S. are creeping upward again, and the macro market is starting to get nervous.
Here’s what the latest figures say:
▫️ Consumer sentiment index: 46.3 (forecast: 45.9)
▫️ 1-year inflation expectations: 4.7% (up from 4.6%)
▫️ 5-year inflation expectations: 3.5% (up from 3.4%)
What does this mean for the market?
High inflation is a short-term headwind for risky assets. The Fed may once again delay rate cuts, pushing the dollar and bond yields higher.
In my view, this is a short-term bearish factor for $BTC . But don’t rush to panic and go all-in on shorts 😂 The crypto market loves to defy logic at the most unexpected moments.
Here’s what the latest figures say:
▫️ Consumer sentiment index: 46.3 (forecast: 45.9)
▫️ 1-year inflation expectations: 4.7% (up from 4.6%)
▫️ 5-year inflation expectations: 3.5% (up from 3.4%)
What does this mean for the market?
High inflation is a short-term headwind for risky assets. The Fed may once again delay rate cuts, pushing the dollar and bond yields higher.
In my view, this is a short-term bearish factor for $BTC . But don’t rush to panic and go all-in on shorts 😂 The crypto market loves to defy logic at the most unexpected moments.