🏛️ Latest news from the US 🇺🇸
The Fed just delivered another inflation shock: forecasting 2026 PCE at 3.6%, more persistent than expected, while interest rates remain at 3.50–3.75% — the market had feared further rate hikes.
Thanks to weak employment data, the probability of a rate hike in September is down to ~44%, giving crypto a breather, but recession fears have resurfaced; a strong dollar (10-year yield at 4.1%) remains a headwind for risk assets.
Clear beneficiaries: digital gold $PA...
$VELVET
{future}(VELVETUSDT)
$VELVET going crazy , Again....
Just take a look at it previously,
looks like this has became it's everyday habit
going to 0.5 than back down, again up 0.5, down 👇...
Look at the 1D chart for even more extreme behavior from this coin...
Now it's climbing 0.6 , but for how long 😂
if you can guess try to short it 🤷♀️
Look, $SOL's been doing that classic thing where it keeps bouncing higher each time it dips. That's what you want to see if you're holding.
The real test? Whether it can hold around $73.5-74. That's the line in the sand right now.
If it does, yeah, $120 is still on the table. If it doesn't... well, we'll be having a different conversation.
Not rocket science, just watching where the floor actually is.