CPI just dropped — but don’t let the calm fool you. Markets are quiet… almost too quiet. But for smart traders, that’s exactly when opportunity hits.
Today’s CPI data came in lower than expected:
— Core CPI m/m: 0.1% (vs 0.3% forecast)
— CPI m/m: 0.1% (vs 0.2% forecast)
— CPI y/y: 2.4% (vs 2.5% forecast)
Inflation is slowing — but not enough to guarantee rate cuts just yet.
And that’s why markets are stuck in low-volume, low-momentum chop zones.
🔄 Take $XRP for example: it's been moving between 2.05 and 2.50, showing clear medium-term fluctuations — not a breakout, not a crash — just indecision. Perfect zone for short-to-medium term plays.
📌 My view?
This is not the time to go all-in on longs.
Wait for clear breakouts — or stick to tactical short- and mid-term trades.
👀 Keep an eye on June 18 (FOMC) — it could reshape everything.
Until then: ride the waves, not the hype.
⭐ @SH314I