$ETH hits $2,600 for first time in 7 months 🚀 Now $2,570.50 +4.18% | 24h High $2,665.99 Driver: Core CPI fell to lowest in 5+ years (NS3.AI) Flow check: Spot ETH ETFs -$19.30M outflows thru Thu, Fri pending Price: Binance ETH/$USDT • Analysis: NS3
$70M LONG LIQUIDATED 😹 $BTC tapped $76,046 after CPI, liq at $76,308. -$1.6M, would've been +$830k. Same whale apes back $13.68M at $77,875. Cato says: don't fight liquidity. Source: Binance News
PAXG Gold Holds $4,315 Before CPI - Will Fed Trigger Rate Hike Tomorrow?
Spot trader focused on PAXG Gold and BTC macro moves. Currently no open position, tracking charts before major data events. Sharing chart observations, not financial advice. What are Federal Reserve Policies 1. Interest Rate Policy: When CPI is hot, Fed can hike rates to make borrowing expensive and slow inflation. When CPI is cold, Fed can cut rates. 2. Monetary Policy (QT/QE): Fed controls money supply. Tighter policy supports dollar short-term and can pressure Gold. Looser policy weakens dollar and usually supports Gold like PAXG. Gold is directly sensitive to these policies. If Fed hints at a rate hike tomorrow after hot CPI, Gold can see short-term selling but long-term it remains an inflation hedge. CPI data is scheduled for tomorrow and Gold is already showing hesitation. PAXG is holding above $4,300 but momentum has slowed down before the news. This is typical behavior - Gold and BTC both wait for inflation data before picking a direction. PAXG/USDT 1D chart - Gold retracing from $4,689 high, holding $4,315 before CPI - Source: Binance What the chart shows PAXG hit a high of $4,689.00 then had a sharp red candle selloff. Now it is consolidating around $4,315.26 down -0.98% today.Support is visible around $4,286.97 and resistance near $4,561. Last few candles are small, showing indecision before CPI.This is not random. Gold is a hedge against inflation. If CPI comes hot, Fed may hint at rate hike - that usually pressures Gold short-term but supports it long-term. If CPI comes cold, rate cut hopes rise and Gold can bounce. Two scenarios for tomorrow 1. Hot CPI > Expected: PAXG could test $4,286 support first, then watch for Fed reaction. Volatility will be high. 2. Cold CPI < Expected: PAXG has room to push back to $4,414 and $4,561. The consolidation we see now could be accumulation. The chart matters more than prediction right now. Gold holding $4,300 before CPI is itself a signal that buyers are still present. What is your bias for PAXG after CPI? Bullish or bearish? Note: Do your own research before doing trade! This is not financial advice. $PAXG $BTC $XAUT #CPIWatch #BTC #crypto