๐ฅ Hot CPI = December Hike Almost Confirmed. But Is The Fear Already Priced In?
October CPI just changed everything.
Headline CPI came at +0.4%, above the +0.3% forecast.
Core CPI came at +0.3%, above the +0.2% expected - 3rd month in a row.
Now the market is fully pricing in a 25 bps Fed hike in December, and some are even talking about 50 bps.
For crypto, this is simple:
Higher rates = Stronger dollar = Higher yields = Less appetite for risk.
That's why BTC is at โผ$73,800, ETH is struggling, and alts are bleeding. $1.28B already left BTC ETFs last week.
But here is my take - and this is different from the crowd:
Most of this hike fear is ALREADY priced in.
The real question is NOT December. The real question is:
Will the Fed signal MORE tightening into 2027?
If Fed says "one hike and done" - market will bounce hard.
If Fed says "more hikes coming" - we go to $68K - $70K.
So I am not panic selling here. I am watching 3 things before my next move:
1. Dollar strength
2. Nov 13 PPI data
3. Nov 18 Fed Minutes
Patience > Panic. Risk management > Prediction.
Do you think December hike is already priced in, or is more downside coming?
Drop your view ๐
#BTC #CPI #Fed #Bitcoin #crypto
$BTC
$ETH
$SOL
October CPI just changed everything.
Headline CPI came at +0.4%, above the +0.3% forecast.
Core CPI came at +0.3%, above the +0.2% expected - 3rd month in a row.
Now the market is fully pricing in a 25 bps Fed hike in December, and some are even talking about 50 bps.
For crypto, this is simple:
Higher rates = Stronger dollar = Higher yields = Less appetite for risk.
That's why BTC is at โผ$73,800, ETH is struggling, and alts are bleeding. $1.28B already left BTC ETFs last week.
But here is my take - and this is different from the crowd:
Most of this hike fear is ALREADY priced in.
The real question is NOT December. The real question is:
Will the Fed signal MORE tightening into 2027?
If Fed says "one hike and done" - market will bounce hard.
If Fed says "more hikes coming" - we go to $68K - $70K.
So I am not panic selling here. I am watching 3 things before my next move:
1. Dollar strength
2. Nov 13 PPI data
3. Nov 18 Fed Minutes
Patience > Panic. Risk management > Prediction.
Do you think December hike is already priced in, or is more downside coming?
Drop your view ๐
#BTC #CPI #Fed #Bitcoin #crypto
$BTC
$ETH
$SOL
