Most traders treated the 3.4% PCE inflation print like a green light for Fed cuts and a $BTC pump, but that's usually when the real pain starts.
You've been there. You FOMO in on the inflation-cooling narrative only to get dumped on when Powell stays hawkish and liquidity stays tight.
PCE is the Fed's preferred inflation measure, the one they actually use to set policy. At 3.4% it's still way above the 2% goal they keep talking about. Markets are already betting on easier money, which in theory supports $BTC, $ETH, and even $SOL through better risk appetite.
But if they cut rates while inflation is this sticky, we could see it heat back up and force a reversal into even tighter conditions. That's historically when crypto gets hit hardest, not when it rallies.
Where do you think this goes if the next prints don't cool further?
#PCE #Bitcoin #Macro
You've been there. You FOMO in on the inflation-cooling narrative only to get dumped on when Powell stays hawkish and liquidity stays tight.
PCE is the Fed's preferred inflation measure, the one they actually use to set policy. At 3.4% it's still way above the 2% goal they keep talking about. Markets are already betting on easier money, which in theory supports $BTC, $ETH, and even $SOL through better risk appetite.
But if they cut rates while inflation is this sticky, we could see it heat back up and force a reversal into even tighter conditions. That's historically when crypto gets hit hardest, not when it rallies.
Where do you think this goes if the next prints don't cool further?
#PCE #Bitcoin #Macro
