All 19 Fed officials voted for a rate hike, yet traders have nearly priced out an October hike ??
🚨 行情变了群里说
Bitcoin is currently hovering near $83,000, up 1.18% over the past 24 hours but still down 3.22% over seven days. It’s just one step away from the $85,000 mark everyone’s talking about—but the key to whether it can get there this week is expected to arrive on Wednesday.
First, some context: The Fed’s September rate hike raised interest rates to 3.75%–4.00%, the first increase since July 2023. According to the meeting minutes released on October 8, all 19 policymakers voted in favor, and most expected at least one more move this year. But they also hinted there was no rush to act in October. 📉
The real shift has happened over the past couple of days. After weak employment data on October 9, traders’ expectations for an October rate hike nearly vanished. That makes this week’s U.S. September CPI and PPI data a turning point. Last time, PPI surged to 5.4% year over year, with core PPI at 4.6%—both above expectations. Inflation hasn’t let up at all. ⚠️
The timeline is clear, too: U.S. September CPI is expected on Wednesday, and the Fed’s next policy meeting is scheduled for October 27–28. Chair Worsh will also speak at an International Monetary Fund event this Friday. A single remark could bring rate-hike expectations back—or send them tumbling further. 🦖
Here’s how I see it: The market is treating October as a pause and saving its firepower for year-end. But there’s a whole round of data between officials’ comments and the market’s expectations. That disagreement itself is fuel for the market. Hot data would make $85,000 a hurdle; cool data would make it just another stepping stone.
Three things are worth watching: First, will CPI and PPI remain as sticky as they were last month? Second, will Worsh sound hawkish or soften his tone? Third, can Bitcoin break through $85,000 on spot trading volume, rather than leverage? 💥
In the short term, watch interest rates; in the medium term, watch capital flows. Don’t read one data point as a directional signal. 📈
What do you think—after this week’s CPI, will Bitcoin test $85,000 first or pull back first? Let’s talk in the comments.
Tap the profile picture to watch the livestream.
Every day, we bring you the latest developments in the crypto market—not just what’s happening, but the logic and opportunities behind it. 👀🚀
🚨 行情变了群里说
Bitcoin is currently hovering near $83,000, up 1.18% over the past 24 hours but still down 3.22% over seven days. It’s just one step away from the $85,000 mark everyone’s talking about—but the key to whether it can get there this week is expected to arrive on Wednesday.
First, some context: The Fed’s September rate hike raised interest rates to 3.75%–4.00%, the first increase since July 2023. According to the meeting minutes released on October 8, all 19 policymakers voted in favor, and most expected at least one more move this year. But they also hinted there was no rush to act in October. 📉
The real shift has happened over the past couple of days. After weak employment data on October 9, traders’ expectations for an October rate hike nearly vanished. That makes this week’s U.S. September CPI and PPI data a turning point. Last time, PPI surged to 5.4% year over year, with core PPI at 4.6%—both above expectations. Inflation hasn’t let up at all. ⚠️
The timeline is clear, too: U.S. September CPI is expected on Wednesday, and the Fed’s next policy meeting is scheduled for October 27–28. Chair Worsh will also speak at an International Monetary Fund event this Friday. A single remark could bring rate-hike expectations back—or send them tumbling further. 🦖
Here’s how I see it: The market is treating October as a pause and saving its firepower for year-end. But there’s a whole round of data between officials’ comments and the market’s expectations. That disagreement itself is fuel for the market. Hot data would make $85,000 a hurdle; cool data would make it just another stepping stone.
Three things are worth watching: First, will CPI and PPI remain as sticky as they were last month? Second, will Worsh sound hawkish or soften his tone? Third, can Bitcoin break through $85,000 on spot trading volume, rather than leverage? 💥
In the short term, watch interest rates; in the medium term, watch capital flows. Don’t read one data point as a directional signal. 📈
What do you think—after this week’s CPI, will Bitcoin test $85,000 first or pull back first? Let’s talk in the comments.
Tap the profile picture to watch the livestream.
Every day, we bring you the latest developments in the crypto market—not just what’s happening, but the logic and opportunities behind it. 👀🚀