🚨🇺🇸 Wall Street erased an entire inflation selloff in just 20 minutes...
The trouble started with August inflation coming in hotter than expected.
Prices rose 0.4% in a month and 3.4% from a year ago, while core inflation also came in slightly above forecasts.
Markets hated it at first.
Stocks and gold futures dropped hard the second the numbers came out, while the 10-year Treasury yield shot up to 4.99%.
And then, almost as quickly, everything flipped.
About 20 minutes later, stocks an...
Strong long momentum is back on $BTC , with buyers defending the $76,000–$77,000 support area and pushing price sharply higher toward $80,000 resistance.
Trade Setup: LONG
Entry: $78,500–$79,100
TP1: $80,000
TP2: $81,000
TP3: $82,000
SL: $77,500
The recovery candle is strong, but avoid chasing after a vertical move. A hold above $78,500 keeps the bullish setup active.
Trade on $BTC
{future}(BTCUSDT)
$BMNRB is showing strong bullish momentum.
{spot}(BMNRBUSDT)
The price moved from $24.86 to $26.69, recording a +7.36% gain.
Trading volume increased to $2.08 million, up 10.16%, with an additional $192.27K in volume, indicating increased market activity and growing buyer interest.
The chart shows a strong upward move from the recent range, with price approaching the $27.00 resistance area. A sustained breakout above this level could signal further upside, while traders should monitor potent...
CPI came in warm but not scorching — and after the initial noise, the dollar is softening while risk assets are climbing.
The real pain trade right now? Lower $USD, cheaper oil, and equities grinding higher. Nobody's positioned for this, which is exactly why it's happening.
When everyone's bracing for one outcome, the market loves to twist the knife the other way.
STOCKS, BITCOIN, AND GOLD ARE ALL RALLYING ON THE SAME DATA THAT JUST PUSHED FED RATE HIKE ODDS TO 85%.
Core CPI at 2.4% is the lowest in over 5 years.
This is the number that strips out food and energy, so it reflects the sticky, underlying part of inflation, things like shelter, services, and everyday goods, and it's been falling steadily for years.
Headline CPI stayed at 3.4%, but that's held up almost entirely by oil, which has spiked due to the Iran war.
That's a supply shock tied to a ...