🫡Tonight at 7:30 PM there will be CPI news: an important announcement for the Fed to assess whether to raise or lower interest rates.
CPI stands for: Consumer Price Index, used to measure inflation, which is the general increase in prices of goods and services in the economy.
🤔If CPI rises--> USD increases--> the Fed has justification to slow down interest rate decreases.
🤫If CPI falls, it’s the opposite.
😋😋😋 This morning I saw that many of you opened long positions anticipating ETH to surpass its peak. Meanwhile, the sharks are still sitting quietly, considering how best to catch the little fish and when to strike.
🥰 If it’s too difficult, just observe from the outside, or if you’re already in a position, remember to set your stop-loss. The forecast is for CPI to rise, while the price path is up to the sharks to decide. #cpi #BTC #ETH