$BANK hit a high of around $0.60 last month before dropping back to the current price of around $0.02. Moving forward, a recovery toward $0.10 and potentially a retest of the $0.60 level could be possible if momentum returns. ๐
๐ฅ **Will the CPI Trigger a Fed Rate Hike?** ๐ ๐
With the hot **Nonfarm Payrolls (NFP)** report crushing expectations and showing a resilient labor market, all eyes are locked on the fresh **CPI inflation data**! ๐จ
Markets are currently split on what the Federal Reserve will do at the upcoming meeting. Will persistent inflation push the Fed toward a **25 bps rate hike**, or will cooling core metrics give policymakers reason to **hold rates steady**? ๐๏ธ โ๏ธ
๐ **Macro Analysis & Expectations:**
1๏ธโฃ **The Hawkish Case (Rate Hike):** Strong job numbers paired with elevated energy costs could reignite inflation fears. A hotter-than-expected CPI reading might seal the deal for monetary tightening, driving the **US Dollar ($DXY)** higher while putting short-term
๐ฅ **Will the CPI Trigger a Fed Rate Hike?** ๐ ๐
With the hot **Nonfarm Payrolls (NFP)** report crushing expectations and showing a resilient labor market, all eyes are locked on the fresh **CPI inflation data**! ๐จ
Markets are currently split on what the Federal Reserve will do at the upcoming meeting. Will persistent inflation push the Fed toward a **25 bps rate hike**, or will cooling core metrics give policymakers reason to **hold rates steady**? ๐๏ธ โ๏ธ
๐ **Macro Analysis & Expectations:**
1๏ธโฃ **The Hawkish Case (Rate Hike):** Strong job numbers paired with elevated energy costs could reignite inflation fears. A hotter-than-expected CPI reading might seal the deal for monetary tightening, driving the **US Dollar ($DXY)** higher while putting short-term
BlackRock Buys 27,700 BTC and 385,600 ETH Over Eight Straight Trading Days
BlackRock has bought Bitcoin and ETH for eight consecutive trading days, according to Lookonchain monitoring. According to Odaily, the firm accumulated 27,700 BTC and 385,600 ETH during the period.
$BMT is presenting a buy opportunity, honestly. Itโs been quite volatile lately, but fundamentally, the project is really solid. For now, though, weโre going to trade it ๐
Anyway, be very careful because itโs volatile. #trading
$SIREN USDT SIREN is showing strong buying momentum after breaking above the recent consolidation zone. If buyers hold the breakout, another push toward the next resistance levels could follow. ๐ Entry Area: 0.02830 โ 0.02860 TP1 โ 0.02920 TP2 โ 0.02980 TP3 โ 0.03050 SL โ 0.02740 6ร Isolated
$LAB
$SNDK
Momentum is building โ watch the 0.02900 breakout closely. ๐