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BIGBULL97
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#ALT
haven't really exploded yet. Just a few percent short term fluctuations .
Big whales are pumping
#BTC
then they will pump to
#Alts
2x - 3x or even more ššš
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+0.18%
ALT
0.03457
+5.33%
405
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BIGBULL97
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Seriously asking,, is it now the time for $ETH to #shine ?? š $ETH
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Imagine if you held $BTC for the past 4-6 months and now it's time to hold #Alts like that š$BTC
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Overall picture based on the data : - Prices of physical goods (like electronics, cars, manufactured products) are slowly rising again after a period of deflation or stagnation. -> Suggests demand is stabilizing or recovering, or supply chain pressures are subtly returning. Early signs of reflation. - Services (like healthcare, hospitality, education) and housing prices are either growing slowly or declining -> These categories make up a larger weight in CPI/PCE, so their disinflation keeps headline inflation low/stable. My view : 1. Inflation is not high enough to scare central banks. But underlying growth (via goods reflation) is picking up. 2. No need for rate hikes, but growth-friendly environment is emerging. 3. We're at the "Goldilock zone" which means A reflation undercurrent supports growth assets, while headline inflation is tame, keeping central banks on hold. This favors a portfolio tilted toward growth, risk, and cyclicality ā like tech, crypto, and commodities. Best action : Long everything at the next dip related to tech and crypto!
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As the #CPI result comes in a little bit hotter than expected again, it comes again as a mixed signal for the market here. And also, it doesn't guarantee us a rate cut in July with inflation is arising a little bit in June. The reason of why $BTC dropped earlier was because people were derisking from the position, waited for the #CPI release. I think, it's more of nothing burger and the note of the rate cut is still the same, uncertain. Most likely, we will see $BTC to consolidate around this area with max pain of correction to the green support zone ($112k). $BTC
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Ah shit. Here we go again. CPI comes a little hot.. I'm going to make sure how price reacts into this. But most likely, a drop.. Let's analyze further after US market open.$BTC
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