PPI is out tonight, so I’ll stay on the sidelines and watch the candles for safety
🗓 US data: PPI at 20:30 on 13/11 (UTC+7)
Remember, whenever US data drops, crypto charts go wild like they’ve just had three cups of black coffee. In the few minutes around the release, candles jump up and down—if you’re holding a position, you’ll feel it.
🔹 PPI MoM: forecast 0.4%, previous 1.3%
📊 The two usual scenarios:
- Higher than forecast: inflation or the economy is still running hot, the Fed is less likely to cut rates, the USD strengthens, and BTC and ETH often take a short-term hit.
- Lower than forecast: rate-cut expectations rise, which often gives crypto a boost.
⚠️ Spreads can widen massively around the release, triggering stop-losses in both directions and sparing no one. Don’t hold a large position going into the news; wait for the first 5–15-minute candle to close before deciding what to do.
These are just common scenarios, not fortune-telling or investment advice.
Are you staying on the sidelines tonight, or holding a position through the news?
#PPI #BTC #Macro #AxionNews
🗓 US data: PPI at 20:30 on 13/11 (UTC+7)
Remember, whenever US data drops, crypto charts go wild like they’ve just had three cups of black coffee. In the few minutes around the release, candles jump up and down—if you’re holding a position, you’ll feel it.
🔹 PPI MoM: forecast 0.4%, previous 1.3%
📊 The two usual scenarios:
- Higher than forecast: inflation or the economy is still running hot, the Fed is less likely to cut rates, the USD strengthens, and BTC and ETH often take a short-term hit.
- Lower than forecast: rate-cut expectations rise, which often gives crypto a boost.
⚠️ Spreads can widen massively around the release, triggering stop-losses in both directions and sparing no one. Don’t hold a large position going into the news; wait for the first 5–15-minute candle to close before deciding what to do.
These are just common scenarios, not fortune-telling or investment advice.
Are you staying on the sidelines tonight, or holding a position through the news?
#PPI #BTC #Macro #AxionNews
