US Sep CPI just printed 3.7% YoY, a 5-month high, and $ETH is already down 2.29% to $2,450 in 24h. Your long positions are getting hit hard right now.
Core CPI also came in hotter than expected at 2.6% YoY. Risk assets are getting smoked as rate hike fears spike. Even with IBKR launching $ETH staking services today, the macro headwind is too strong. Polymarket is teasing a potential token launch too, but no one cares right now. $SOL is down 1.90% to $105 ahead of its Oct 21 Alpenglow upgrade.
Don't YOLO into this dip right now. Keep a solid cash buffer ready, and only scale in small batches if $ETH holds above $2,400 or $SOL bounces off $100. If those key levels break, wait for a clearer bottom signal before adding exposure.
#Write2Earn #BinanceSquare #ETH $SOL #TradingTournament
Core CPI also came in hotter than expected at 2.6% YoY. Risk assets are getting smoked as rate hike fears spike. Even with IBKR launching $ETH staking services today, the macro headwind is too strong. Polymarket is teasing a potential token launch too, but no one cares right now. $SOL is down 1.90% to $105 ahead of its Oct 21 Alpenglow upgrade.
Don't YOLO into this dip right now. Keep a solid cash buffer ready, and only scale in small batches if $ETH holds above $2,400 or $SOL bounces off $100. If those key levels break, wait for a clearer bottom signal before adding exposure.
#Write2Earn #BinanceSquare #ETH $SOL #TradingTournament