U.S. Inflation eases a bit — now the focus is on the Fed
First thing that stands out when looking at today's inflation data is that U.S. annual inflation has fallen to 3.4%. The previous reading was 3.5%. While it's not a huge drop, the important thing for me is that inflation is going down a bit again. This could be some relief news for the Fed as well. Because if inflation continues to decline gradually, then the pressure to maintain tight monetary policy for a long time may also decrease a bit.
And this is where the crypto market gets interesting.
We know that Bitcoin and other risk assets are quite sensitive to liquidity and interest rate expectations. So if inflation cools down further, market expectations of a rate cut ahead may increase. And if that happens, liquidity-sensitive assets like crypto may benefit somewhat.
But I don't want to be overly bullish here. It would not be right to assume the entire market direction just by looking at an inflation report. The Fed's next decision, the next inflation readings and the overall economic data.... all of which will give a clear picture.
So for now, my eyes are on the Fed's next move.
Inflation is decreasing - this is definitely a good signal. Now we have to see how long this trend continues.
Gold after CPI : What the market did before the real move
I mean..... My view on Gold before CPI was bearish. But to be honest, the way the move came was not just a simple bearish move. Gold did not fall directly after the CPI data came. Before that, the market had created quite a lot of liquidity in both directions. On the one hand, buyers thought that the price might go higher, on the other hand, sellers did not get a chance to be completely sure. Finally, the real selling pressure started only after the buyers were trapped. The candle that came then changed the whole picture. A bearish move of about 500 pips—in short, a very aggressive movement. Looking at the chart, the setup seems quite clear. But here is one thing, everything seems easy after looking at the chart, things are not so easy in the real-time market. I think many traders could not catch the whole of this move. Some may have taken a position in advance, but got out seeing the volatility. Some tried to take an entry after seeing the initial move, but the market changed direction again and stopped hunting. This is the most difficult thing during news trading. Because during high-impact news, even if the technical level works correctly, the price action can become very unusual. Within a few minutes, volatility can be seen that is unimaginable in normal market conditions. The most interesting part for me in this CPI move was not the main bearish candle, but the manipulation before it. It was as if the market first wanted to make traders believe in one direction, and then suddenly made a big move in the opposite direction. So even if the bearish bias is right, it cannot be said that everyone was able to profit. Getting the prediction right and taking profit from the trade are not the same thing. Timing, entry, risk management—everything has to be right together. Anyway, the move has been made now. There is nothing to regret about it. Such volatility can occur in news trading. Sometimes the setup will work perfectly, sometimes the trade will be missed due to entry or timing even though the direction is right. What is more important to me now is the next price action. Where will Gold react after making such a big bearish move, whether buyers are returning or not, and whether sellers are able to maintain this momentum—these are the things that need to be seen now. There is no need to assume the next direction just by seeing a big candle. How the market creates a structure now is the real thing. So for now I am just observing. The CPI move is over. Now the real question is—Will Gold recover from here, or will this selling pressure continue for a while? The chart will answer this now. 👀 $XAUT
Bitcoin is looking weak right now as selling pressure continues to build around the key support area. The next move could depend heavily on what happens here.
If BTC breaks and holds below the $63.3K–$63.2K zone, I’d expect sellers to gain more control, potentially pushing price quickly toward the $62.6K–$62.2K area.
For now, this support remains the level to watch closely. A clean breakdown could bring stronger downside momentum, while a solid bounce from this zone would keep the structure more stable.
The reaction here should give us a clearer idea of Bitcoin’s next move.
Russia’s Crypto Move Could Be Bigger Than It Looks
I mean.... At first glance, this news from Russia might seem like just another crypto adoption update. But if you pause, it’s quite interesting. Russia has reportedly approved Bitcoin, Ethereum and Tether for public trading on regulated exchanges. If this move actually goes ahead, it could be significant not only for Russia’s crypto market, but also for the broader digital asset market. Because it’s not just about the three assets. BTC, ETH, and USDT are the core of the crypto market. Bitcoin is best known as a digital store of value, Ethereum plays a big role in the blockchain ecosystem, and USDT is a key part of global crypto liquidity. So, making it easier to trade these assets in a regulated environment could open up opportunities for increased market participation. And this is where things get interesting. There has been a big question about crypto for many years...... will it remain a market for individual traders, or will it gradually move closer to the traditional financial system? Regulated exchanges can help bridge that gap. Because regulation is not just about permission. It comes with a specific framework that makes it relatively clear how trading will take place, which platforms can be used, and how market participants will participate. Of course, there is a need to be a little careful here too. There is no reason to think that the entire Russian financial system has become crypto-friendly overnight just by hearing “Russia approved crypto trading.” How the regulation will be implemented in reality, what kind of investors will have access, and what kind of restrictions will be placed on trading—these are equally important. Still, the direction is worth watching. Especially in the case of Bitcoin. If larger economies continue to create access to digital assets through regulated channels, crypto could gradually move from a separate financial category to part of the broader financial market. The same can be said for Ethereum. ETH is not just a tradable asset, it has a huge blockchain ecosystem behind it. And the inclusion of USDT shows another thing—the role of stablecoins is now increasingly connected to global digital liquidity, going beyond crypto trading. Now the most important thing will be to see the developments after this news. How much trading volume is created? Will institutional participation increase? And most importantly, does this kind of regulatory approval encourage other countries to create similar frameworks? Because crypto adoption does not happen overnight. When one country opens the regulatory door, other countries may also start looking at the matter in a new way. For me, the most interesting aspect of this news is not the immediate price reaction. Rather, the direction of global adoption. If regulated access continues to gradually increase in this way—Russia today, another market tomorrow—then the place of digital assets within traditional finance may become clearer. But for now, it is better to see this as an important development, not as a final confirmation. Crypto markets often move before headlines, and then react completely differently after. So, it’s important to keep an eye on regulatory developments alongside the price action of BTC, ETH, and USDT. One thing is clear - the story of crypto adoption is far from over. Rather, it’s taking a new turn as regulatory approaches change in different countries.
I called $LINK the opportunity of a lifetime when it was around $6, and honestly, I still stand by that view.
Now the chart is starting to make things interesting.
LINK is breaking out to the upside, while the 3D, 1W, and 1D charts are all showing strong bullish divergence. Seeing that alignment across multiple timeframes is definitely something I’m paying attention to.
The next levels I have marked are $11 and $15.
I think $11 could potentially be reached within roughly a month if the current momentum continues. $15 may take a little longer, but it’s definitely on my radar.
Of course, nothing moves in a straight line, so pullbacks along the way wouldn’t surprise me.
But looking at the structure right now, it really feels like the worst may already be behind LINK.
📊 $INX /USDT Update INX just made a move that’s hard to ignore.
The price printed a massive +24% daily candle, finally pushing above the 0.0095–0.0100 resistance zone that had been holding it back for months. That’s the part I’m watching most closely, because this wasn’t just a small breakout from a tight range.
Right now, INX is trading around 0.01043, which means price is still holding above the breakout area.
So, what happens from here?
🟢 Bullish scenario: If INX continues holding above 0.0100, the breakout starts looking much more convincing. In that case, 0.0120 becomes the first area to watch, followed by 0.0140+ if momentum continues.
🔴 Bearish scenario: The important thing is not to assume every breakout will work. If price falls back below 0.0095, especially after failing to hold the breakout zone, then this could turn into a false breakout and send INX back into the previous range.
The old resistance around 0.0095–0.0100 is now the key area. I’d actually be more interested in how price reacts on a retest than chasing this +24% candle.
If that zone turns into support and buyers step back in, that would give the breakout much more credibility.
For now, I’d watch the next 1–2 daily closes closely. Holding above 0.0100 would be a strong sign that this move may have more room to run.
White House official Patrick Witt says the administration is “fully committed” to passing the Crypto CLARITY Act next month.
If that happens, it could be a major step toward giving the U.S. crypto market clearer regulatory rules. For the industry, this is bigger than just another bill. Clearer rules could reduce uncertainty for companies, investors, and builders operating in the U.S.
Now the real question is whether Congress can get it across the finish line.
A whale just opened a massive $38.42M long position on $SOL with 20x leverage.
The liquidation price is sitting at $61.09.
That’s an aggressive bet with very little room for error. If SOL keeps moving higher, the position could pay off big. But a sharp downside move could put the whale under serious pressure very quickly.
$100M in long positions have been liquidated over the past 4 hours.
Looks like MMs are putting serious pressure on leveraged longs today. This kind of move can quickly flush overleveraged traders and create more volatility across the market.
For now, leverage looks dangerous. Patience and proper risk management matter more than ever.
$PUMP /USDT Update $PUMP PUMP finally did what we were waiting for.
Price broke out of the ascending channel and, more importantly, closed above the green resistance line. Right now it’s trading around 0.002792 and still holding above the breakout area.
So at this point, I don’t think chasing the move makes much sense.
The main level I’m watching is 0.00270. If PUMP can stay above this area, the breakout still looks healthy. From there, the next levels I’m watching are 0.00310 and then 0.00340.
But there’s another side to this.
If price falls back below 0.00265, then I’d be careful with the breakout. That could mean the move was just a liquidity grab and price may return inside the old channel, with the yellow trendline around 0.00240 becoming the next important support.
For anyone already in the trade, holding makes more sense to me as long as the breakout structure stays intact.
If you missed the move, I wouldn’t rush into it after this spike. I’d rather wait and see whether PUMP comes back to retest the 0.00270–0.00275 area.
That was the old channel top. If it turns into support, that retest could give a much cleaner entry.
For now, breakout is confirmed. The retest is what matters next.
$BTC / USDT — Update $65,500 is still the key level for Bitcoin right now. Price has been holding inside this range, but this resistance is clearly standing in the way of the next move.
If BTC finally breaks and holds above $65,500, I think things could get interesting pretty quickly. That would open the door for another push higher.
Until then, I’m just watching the range and waiting for confirmation. No need to rush it.
$NIL /USDT Update $NIL NIL is back at a level that has been rejecting price for more than two months, so I think this is one of those charts worth watching closely.
Since early June, the 0.045–0.046 zone has acted as strong resistance. Every time price tried to break above it, sellers stepped in. Now, after dropping to around 0.028 in late July, NIL has made a strong recovery and is testing the same area again, currently around 0.04598.
This is where things get interesting.
A clean 4H close above 0.047 would be a strong sign that the old resistance has finally been broken. If that happens, I’d be watching 0.056 first, followed by 0.060.
But I wouldn’t ignore the other side either. If NIL gets rejected again around 0.045–0.046, a pullback toward 0.040 and possibly 0.036 wouldn’t surprise me.
Also, price has already moved roughly 64% from 0.028 to 0.046. So if we see some profit-taking here, I don’t think that automatically means the setup is broken. After such a move, a healthy pullback can happen before another attempt.
For me, the cleaner approach is simple: don’t chase. I’d rather wait for a confirmed breakout above 0.047 and see whether the zone can turn into support.
Two months of resistance are being tested right now. This candle could tell us a lot🎯
Over the past 24 hours, $TUT has seen more than $44M in liquidations, which is a pretty big number for one asset.
What stands out is that its liquidation volume has even surpassed $BTC and $ETH during the same period, making TUT the most liquidated asset right now.
That tells me the market has been extremely volatile, with traders getting caught on both sides.
$BTC USDT | 2Hr Timeframe Bitcoin is still having a hard time getting through the $65.5K–$65.7K resistance zone. We’ve already seen multiple rejections from this area, so buyers clearly haven’t taken full control yet.
Personally, I’d be careful with new longs here. There’s no point rushing into a position while BTC is still stuck under the same resistance.
A clean break and hold above $65.7K would give a much better signal that the next move could be higher.