A quick take from the fund-flow perspective:
When something shifts in the macro environment, futures positions are usually the first to move, followed by ETFs and over-the-counter funds.
“‘The New Fed News Agency’: A hotter-than-expected CPI puts greater pressure on the Fed to hold rates steady in October, but there is no sign yet that officials will change their rate decision plans.”
Watch for a rapid decline in leverage and for any ETF redemptions.
$BTC is a key number to watch.
#BTC
When something shifts in the macro environment, futures positions are usually the first to move, followed by ETFs and over-the-counter funds.
“‘The New Fed News Agency’: A hotter-than-expected CPI puts greater pressure on the Fed to hold rates steady in October, but there is no sign yet that officials will change their rate decision plans.”
Watch for a rapid decline in leverage and for any ETF redemptions.
$BTC is a key number to watch.
#BTC