The crypto market reacts

Hello, crypto community! 👋 We now have the data for #CPI and unemployment claims in 🇺🇸, and the crypto market did not fall behind! 🎢

What did we see after the release? 🤔 After the announcement, we observed a corrective movement. Specifically, the CPI was lower than expected and the unemployment claims were in line with expectations. However, this Thursday was corrective to the bullish movement of Wednesday. 🐻

Cryptos with the most movement: 🚀 Some cryptocurrencies showed greater sensitivity to this data. We saw notable movements in:

* $BTC (Bitcoin): It experienced an initial correction of approximately 6% followed by a partial recovery. 💰

* $ETH (Ethereum): It closely followed Bitcoin's movement, although with greater impact due to its approximate correction of 12% 💎

* $SOL (Solana) Same story with a correction of 10% reaching the 0.618 Fibo zone. ✨

🔮 With the macroeconomic data now published, the market could enter a consolidation phase as it digests the information. However, let's not let our guard down! 👀

Review your strategies, make sure you have your stop-loss levels in place, and avoid trading with emotions. A calm weekend can provide clarity for the upcoming week! 🔑

How did you experience the market reaction? What are your expectations for this weekend?

Share your analyses! 👇

#CPI&JoblessClaimsWatch #Trading #MercadoCripto