Guys, I’m still confused about the crazy wick on $BTC around $80,000.
CPI came in line, as I shared before the release. Core CPI YoY was higher than expected. Overall, it was neutral to bearish data, but why did this crazy wick print?
Next, three dates to remember!
Some people would call that a liquidity grab, but what I conclude is that it was a big-money trap to get their exit.
They created exit liquidity with those green candles, triggered FOMO, and comfortably got their exit above $79,500.
The reason?
Friday is coming, followed by two days off. They know the market could be volatile, and with the upcoming inflation numbers, we could see something like a Black Monday.
Why?
15 September — Clarity Act, with around 82% odds of rejection.
This is something we need to keep an eye on because it could create significant volatility in the market.$NVDAB #EtherRalliesAsBearishBetsLiquidate $AAPLB $AAPL.US #EtherRalliesAsBearishBetsLiquidate #OpenAILaunchesAgentsAPIPublicBeta #USInflationHoldsAt3.4%InAugust #EtherRalliesAsBearishBetsLiquidate
CPI came in line, as I shared before the release. Core CPI YoY was higher than expected. Overall, it was neutral to bearish data, but why did this crazy wick print?
Next, three dates to remember!
Some people would call that a liquidity grab, but what I conclude is that it was a big-money trap to get their exit.
They created exit liquidity with those green candles, triggered FOMO, and comfortably got their exit above $79,500.
The reason?
Friday is coming, followed by two days off. They know the market could be volatile, and with the upcoming inflation numbers, we could see something like a Black Monday.
Why?
15 September — Clarity Act, with around 82% odds of rejection.
This is something we need to keep an eye on because it could create significant volatility in the market.$NVDAB #EtherRalliesAsBearishBetsLiquidate $AAPLB $AAPL.US #EtherRalliesAsBearishBetsLiquidate #OpenAILaunchesAgentsAPIPublicBeta #USInflationHoldsAt3.4%InAugust #EtherRalliesAsBearishBetsLiquidate
