📰 US Retail Sales – Mixed but Market Friendly 🟢
The May data just dropped — and here’s what really matters for us in crypto:
📉 Headline numbers (MoM & YoY) came in weaker than expected
🔻 MoM: -0.9% vs -0.7%
🔻 YoY: 3.3% vs 4.9%
But dig deeper...
✅ Retail Sales Control Group (the Fed's preferred gauge) beat expectations:
+0.4% vs 0.3% forecast
This signals consumer spending isn't collapsing, just cooling — exactly what the market wants.
📉 = No overheating
✅ = Less Fed pressure
🟢 = Risk-on mood supported
👉 This soft macro print could give more confidence for $BTC and $ETH to resume upside after recent EMA reclaim.
Let’s see if momentum continues above 106K for $BTC and 2750 for $ETH. 📊