● Crypto Surge Ahead of U.S. Inflation Data – Real Bounce or Fakeout?
🔔 Crypto markets are popping:
BTC nearing $110K (+0.4%) and ETH climbing toward $2.8K in anticipation of this week’s U.S. CPI inflation report .
📊 Why it matters:
If inflation stays low/declines, markets expect the Fed to pause rate hikes → good for crypto and equities
But if CPI surprises high, there could be volatility ahead as investors hit the brakes
🔍 My current play:
BTC: Holding above $109K is bullish, but a bad CPI could drop it to $105K
ETH: Testing $2.8K region—volume confirms bullish, but watch newly announced BTC Futures ETFs too
💬 My question for the community:
Are you buying the dip ahead of CPI, holding your positions, or on the sidelines waiting for the print? 👇
