When macro data drops, crypto gets hit along with U.S. stocks, and many people’s first reaction is to panic. #CPI comes in higher than expected, putting U.S. stocks and BTC under renewed pressure
Looking at it another way, these three points are more useful:
① When CPI comes in higher than expected, the market worries that rate cuts will be pushed back, putting risk assets under pressure across the board. That’s sentiment spilling over—not a problem with any one coin;
② Volatility is highest around the data release, and sharp wicks love to sweep leveraged positions. Better to make a little less than to go in too heavy;
③ Mark the next release date on your calendar ahead of time, and sort out your position size and stop-loss the day before.
Do you make a point of keeping an eye on macro data release times? $BTC
Looking at it another way, these three points are more useful:
① When CPI comes in higher than expected, the market worries that rate cuts will be pushed back, putting risk assets under pressure across the board. That’s sentiment spilling over—not a problem with any one coin;
② Volatility is highest around the data release, and sharp wicks love to sweep leveraged positions. Better to make a little less than to go in too heavy;
③ Mark the next release date on your calendar ahead of time, and sort out your position size and stop-loss the day before.
Do you make a point of keeping an eye on macro data release times? $BTC