🚨 The bears are gaining momentum, but inflation may be the real story. 🐻

U.S. stocks faced renewed selling pressure as September CPI came in at 3.7% year over year, up from 3.4% in August.

The Nasdaq took a harder hit than the Dow as tech and AI stocks came under pressure.

Here’s what matters next: inflation, Treasury yields, and the Fed’s next move.

If borrowing costs stay elevated, risk assets like Bitcoin could face additional volatility.

The real question isn’t whether bears are in control today — it’s whether macro conditions give buyers a reason to return. 📉

#CPIWatch