August CPI drops today, and I'm leaning bullish into it. Here's my reasoning.
Yes, the setup looks hawkish on paper. Nonfarm payrolls smashed expectations (162K vs ~56K forecast), and yesterday's PPI came in hot at 5.4% annually. That's usually the recipe for “the Fed hikes, risk assets get hit.”
But here's why I'm not worried.
CPI has actually been cooling for two straight months... 3.4% in July, down from 3.5% in June. Even with a hot PPI print, consumer-facing inflation has shown a downwar...
Pay attention - DCA - setup big short $BTC again
Trading Ideas short $BTC
Entry : 77,603- 79,677
Sl : 80,488
TP1 : 75,323
TP2 : 74,378
TP3 : 72,662
Inflation data volatility : Upcoming US CPI release poses significant risk; a print above the 3.4% forecast could solidify rate hike expectations
trade $BTC here 👇
{future}(BTCUSDT)
🔥 Will CPI Trigger a Fed Rate Hike?
The latest U.S. jobs data has added fresh tension to the Federal Reserve’s next decision. 📊
August nonfarm payrolls rose by 162,000, comfortably beating forecasts near 55,000, while unemployment remained around 4.1%. Hiring also appeared reasonably widespread, showing that the labor market may still have enough strength to handle restrictive monetary policy.
That has pushed expectations for a September rate hike toward 60%. 👀
Now, all eyes turn to CPI. ...
$MET is showing strong bullish momentum.
{spot}(METUSDT)
The price moved from $0.213 to $0.228, recording a +7.18% gain.
Trading volume increased to $2.69 million, up 19.41%, with an additional $437.75K in volume, indicating rising market activity and stronger buyer participation.
The chart shows a sharp breakout above the recent trading range. If buying pressure continues, the $0.230 level could be the next area to watch, followed by the previous resistance near $0.240.
MET/USDT is attract...