🔥 LIGHT SHOCK FROM THE US: PPI SURGES – UNEMPLOYMENT DROPS! IS BTC AT RISK OF ADJUSTMENT? 🚨
📊 LATEST DATA UPDATE:
- Initial unemployment claims: 🟢 242K (better than the forecast of 247K)
- Producer Price Index (PPI) (MoM): 🔺 +0.2% (strongly contrasting with -0.5% last month)
📉 IMPACT ON CRYPTO:
- Positive data → Fed is not in a hurry to cut interest rates.
- USD strengthens → altcoins face pressure.
- BTC may adjust if it does not exceed 108.5k.
🧠 PERSONAL STRATEGY:
- Avoid FOMO breakout at the 108k zone.
- Prioritize short positions when BTC reverses at the resistance zone.
- Buyback zone: around 105.5k if RSI cools down.
❓Do you think BTC will break 105k or continue to rise above 110k?