đš THIS IS WHY I DONâT TRADE THE FIRST CPI CANDLE đ©
$BTC first crashed to $76,046, swept the liquidity below the lows⊠and immediately reversed to $77,700.
CPI YoY came 3.4% exactly as expected.
No hotter inflation surprise.
And look at the reaction đ
Sell-side liquidity taken â
Strong reclaim â
$1,600+ reversal â
For now, the reaction is bullish.
I donât want to FOMO the green candle.
CPI gave us volatility. Now structure will give us the trade. đŒ
Iâd still want the Core CPI actual figure before calling the whole macro reaction cleanly bullish. Headline alone was neutral.
$BTC
#CPIWatch
$BTC first crashed to $76,046, swept the liquidity below the lows⊠and immediately reversed to $77,700.
CPI YoY came 3.4% exactly as expected.
No hotter inflation surprise.
And look at the reaction đ
Sell-side liquidity taken â
Strong reclaim â
$1,600+ reversal â
For now, the reaction is bullish.
I donât want to FOMO the green candle.
CPI gave us volatility. Now structure will give us the trade. đŒ
Iâd still want the Core CPI actual figure before calling the whole macro reaction cleanly bullish. Headline alone was neutral.
$BTC
#CPIWatch