💥【Breaking Alert】US PPI Shocks at 3.3%! ETH Plummets $200 Instantly! Is This the End of the Bull Market or a Golden Opportunity?
🔥Just Released Heavy Data:
✅US July PPI Year-on-Year Soars to **3.3%** (Expected 2.9%)
✅Month-on-Month **0.9%** (Expected 0.3%), the largest increase since **June 2022**!
📉Market's Instant Nuclear Reaction:
• ETH Crashed from $4721 to **$4496** (5% evaporated in 1 hour)
• BTC briefly fell below **$62,000** (currently slightly rebounding)
• The probability of the Fed lowering interest rates in September plummeted to **35%** (over 50% before the data)
💡【For Experienced Investors】
1️⃣ PPI is a leading indicator for CPI, the inflation ghost re-emerges!
2️⃣ Large funds are frantically seeking safety, altcoins are bleeding heavily
3️⃣ Key Support Level: If BTC falls below $60,000, it may trigger greater selling pressure
🤔Should we cut losses now or buy the dip?
👉Short-term Traders: Beware of a second dip, set stop-loss levels
👉Long-term Investors: Historical data shows that every panic sell-off is a discount season for quality assets