The data for #CPI is finally out! Overall, it aligns pretty well with what the investment banks predicted—CPI came in at 4.2%, with core CPI at 2.9%, all within the expected range. The market didn't see an unexpected "shock drop," which is a relief for those sitting on the sidelines.
Interestingly, Bitcoin didn’t nosedive after the data release like some were worried about; instead, it quietly bounced back a bit. Looks like the market sentiment wasn't rattled by the inflation numbers, at least not leading to any panic selling in the short term. This might be because the data itself didn’t stray too far from expectations, turning what could be bad news into a temporary breather.
Of course, whether we can maintain this momentum will depend on the follow-up capital flow, but at least today’s reaction isn’t too shabby. Keep an eye on the charts and stay cool, taking it step by step.
#币安钱包推出SPCXxIPO
Interestingly, Bitcoin didn’t nosedive after the data release like some were worried about; instead, it quietly bounced back a bit. Looks like the market sentiment wasn't rattled by the inflation numbers, at least not leading to any panic selling in the short term. This might be because the data itself didn’t stray too far from expectations, turning what could be bad news into a temporary breather.
Of course, whether we can maintain this momentum will depend on the follow-up capital flow, but at least today’s reaction isn’t too shabby. Keep an eye on the charts and stay cool, taking it step by step.
#币安钱包推出SPCXxIPO