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d1ll
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🔻 $BTC fell below $81,000 after hotter-than-expected CPI, hitting a low of around $80,200.
US inflation rose to 3.7% in September, against a forecast of 3.6%. Core inflation was also above expectations, with fuel making the biggest contribution. Odds of an October rate hike jumped to 33–50%, depending on the estimate.
What’s happening in the market:
• Nearly $1 billion in liquidations
• $ETH down around 6% to $2,360; support that had held since August has been lost
• Price is below the $81,000–$81,200 support zone; the nearest target is the October 8 low of around $80,300
• Resistance: $82,000
What’s next: PPI today, a speech by Fed Chair Warsh tomorrow, and the rate decision on October 28.
Are you buying the dip or waiting for confirmation of a reversal? Let us know in the comments 👇
#CPI #Fed #Инфляция #Крипто #D1LL
🔻 $BTC fell below $81,000 after hotter-than-expected CPI, hitting a low of around $80,200.
US inflation rose to 3.7% in September, against a forecast of 3.6%. Core inflation was also above expectations, with fuel making the biggest contribution. Odds of an October rate hike jumped to 33–50%, depending on the estimate.
What’s happening in the market:
• Nearly $1 billion in liquidations
• $ETH down around 6% to $2,360; support that had held since August has been lost
• Price is below the $81,000–$81,200 support zone; the nearest target is the October 8 low of around $80,300
• Resistance: $82,000
What’s next: PPI today, a speech by Fed Chair Warsh tomorrow, and the rate decision on October 28.
Are you buying the dip or waiting for confirmation of a reversal? Let us know in the comments 👇
#CPI #Fed #Инфляция #Крипто #D1LL
US inflation rose to 3.7% in September, against a forecast of 3.6%. Core inflation was also above expectations, with fuel making the biggest contribution. Odds of an October rate hike jumped to 33–50%, depending on the estimate.
What’s happening in the market:
• Nearly $1 billion in liquidations
• $ETH down around 6% to $2,360; support that had held since August has been lost
• Price is below the $81,000–$81,200 support zone; the nearest target is the October 8 low of around $80,300
• Resistance: $82,000
What’s next: PPI today, a speech by Fed Chair Warsh tomorrow, and the rate decision on October 28.
Are you buying the dip or waiting for confirmation of a reversal? Let us know in the comments 👇
#CPI #Fed #Инфляция #Крипто #D1LL
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