💥Heavyweight data explosion! US stocks surge, but Bitcoin is playing dead? What are the big funds really waiting for? 🔥
Last night, the US economic data came with a "contradictory big package":
📉 PPI lower than expected, inflation is easing!
📈 Retail sales exceeded expectations, consumption is still strong!
As a result, emotions were ignited, the three major stock indexes collectively surged before the market opened, and closed with significant gains, with the Dow Jones soaring 400 points!
However, the cryptocurrency market remained calm:
Bitcoin stubbornly holding at $104,000
Ethereum flat at $2,500
Why didn’t this wave of "good news" affect the crypto market?
🔍 Three possible reasons:
Institutions are still on the sidelines, not participating
The market lacks liquidity, with insufficient funds to drive trends
Everyone is waiting for the Federal Reserve's interest rate meeting
Although a weaker dollar and a stronger stock market should be beneficial for crypto, the current crypto market is like a tightly stretched string, not moving without signals.
The next wave of trends may be hidden in the imminent macro events.
Is it a buildup for an explosion? Or will it continue to consolidate? What do you think? Feel free to chat in the comments～📉📈
