OKB coin has skyrocketed by 186.81%! The truth behind it is actually hidden in this image, Zhuque reveals deeply!
Family, the OKB/BTC trading pair has surged directly to a 186.81% increase, with the current price at 0.0011134. The highlighted 0.0011134 in the red circle is particularly eye-catching, and the upper level of 0.0011900 seems to be beckoning! Behind this crazy trend, the key secret lies in the second image — Spain's July harmonized CPI month-on-month final value has unexpectedly dropped!
First, let's look at the OKB candlestick, the green blocks are moving steadily upward, and the red trend line is firmly supporting the critical point. The upward momentum cannot be stopped. But what really made it take off is the second image showing Spain's July harmonized CPI month-on-month final value at -0.40%, which is in line with the forecast value of -0.4%, but lower than the previous value of -0.3%! What does this mean? European inflation pressure is cooling more than expected! Although marked as 'bullish for gold, silver, and crude oil', this is a hidden super positive news for the crypto world!
The global inflation expectations are cooling, which means that the probability of aggressive interest rate hikes by central banks in various countries has significantly decreased. The speed of capital flowing out of traditional safe-haven assets may slow down, and some may even begin to seek new high-yield targets. As a platform token of a leading exchange, OKB carries traffic and ecological advantages, naturally becoming a favored target for funds in this macro environment. Moreover, with the continuous expansion of OKB's own ecosystem and an increasing number of application scenarios, investor confidence has skyrocketed, directly driving this wave of crazy growth!
In my personal opinion, this wave of OKB's rise is triggered by the Spanish CPI data, while OKB's own strength is the foundation. As long as global inflation expectations do not undergo a significant reversal, the upward trend of OKB is unlikely to change in the short term. However, the risks in the crypto world are extremely high, so everyone should not blindly chase highs; rational investment is the way to go!
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