BTC dominance chart looking prime for an alt rotation. When $BTC.D rolls over like this, alts get room to run. Not saying chase every shitcoin, but if you've been stacking quality alts during the bleed, this is the setup you've been waiting for. Size smart, set stops, and let the rotation work. Don't get greedy — take profits on the way up. Alts move fast both ways.
🚨 The US 30-year Treasury yield hit 5.378% today, its highest since 2007, despite the Treasury buying back over $30,000,000,000 in debt this month.
The 10-year is at 4.96%, pushing toward 5.00% for the first time since October 2023.
The dollar continues to weaken at 98.73, even as yields surge to levels that should be attracting global capital.
The largest monthly buyback program in history has not stopped yields from rising as $107 oil and a hot PPI keep inflation pressure building.
$SOPH ...
US CPI just dropped at 3.4% — right on the nose with expectations. No surprise here, but that's actually the cleanest outcome for risk assets. Market already priced this in, so we're not getting a hawkish shock or a dovish miss to shake things up.
For $BTC and crypto, this is neutral-to-bullish. Fed's not getting new ammo to stay aggressive, and the narrative stays intact: inflation cooling, rate cuts eventually coming, liquidity conditions improving. We've seen this setup before — when macro d...
CPI Could Trigger Bitcoin’s Next Big Move
US CPI is coming out in a few minutes, with the market expecting 3.4% year-over-year.
The last three inflation reports were followed by $BTC moves of +10%, +7%, and +31%. But the setup is very different this time. Back then, markets were not pricing in a rate hike. Now, the probability of a hike is around 70%.
#CPIWatch
My prediction for CPI, guys:
Core CPI will be in line with the forecast for both M/M and Y/Y. $BTC $SOL $ETH
For headline CPI, I am expecting a higher number than the forecast because it includes food and energy. During August, oil prices were high, and this must have contributed to higher inflation.
My take is simple: the data will be mixed, which could trigger a short-term bullish move, but the overall direction will remain bearish for the majors and the broader risky asset class.
Catch y...