Let’s break down the market dynamics: Rate hikes have had a limited impact on U.S. stocks because they’ve already undergone a deep correction, positioning isn’t crowded, and the AI narrative is still providing support. Gold is a zero-yield asset, so rising dollar and real interest rates increase its opportunity cost and weigh on prices. U.S. Treasuries and the dollar have repriced higher in response to rate-hike expectations and CPI-related headwinds. Crypto is driven purely by liquidity in the short term, so it’s under pressure and hasn’t kept pace with the rebound in U.S. stocks.
My personal take: I won’t consider going long until the candlesticks flatten out and stabilize. The overall bias is bearish, and the next key event is the PPI data on the 13th. For $BTC and $ETH , keep your hands off the keyboard for now—don’t rush to buy the dip.
#BTC #Crypto
My personal take: I won’t consider going long until the candlesticks flatten out and stabilize. The overall bias is bearish, and the next key event is the PPI data on the 13th. For $BTC and $ETH , keep your hands off the keyboard for now—don’t rush to buy the dip.
#BTC #Crypto
