The world holds its breath! The U.S. June CPI year-on-year rate is 2.7%, monthly rate is 0.3%, precisely hitting expectations, but the devil is in the details: core inflation soars to 3%, a tariff powder keg has been ignited (Trump threatens 30% tariffs on Europe and Mexico, 100% on Russia, countdown begins!).
Strangely, the market reaction is a split between hot and cold: Bitcoin spikes to 117,000 (single-day liquidations of 684 million), while Ethereum stubbornly defends the 3000 level! Behind the narrowing decline of 0.97%—is it a conspiracy by the main players to cover their buying?
News:
The Fed's 'smoke screen': is a September rate cut a trap for retail investors?
Despite rising inflation, CME FedWatch shows a 93.3% probability of no change in July! But more dangerous signals are emerging: the White House suddenly investigates Fed Chair Powell, and Trump's close ally Hassett may take over, with a policy shift towards a black swan event just around the corner.
Beware of Standard Chartered's warning: BTC may flash crash by 10%! But smart money has already acted: Bitcoin ETF absorbs 1.03 billion, Ethereum ETF scoops up 205 million, institutions are betting real money on 'inflation won't die, crypto won't die.'
Technical Analysis:
The technical analysis reveals a 'golden pit' signal! ETH has built a solid support base in the 2930-2900 range, on-chain data shows whales are buying the dips, while the liquidation heatmap exposes the fatal weakness of shorts: LINK, AVAX, LTC and other short positions face over 90% risk of being squeezed, a single spark could ignite a short squeeze.
An even stronger trump card is coming: the U.S. Congress suddenly launches 'Crypto Week'! (CLARITY Act) (Anti-CBDC Surveillance Act) will be voted on, Trump’s crypto-friendly agenda may flood compliant funds into ETH.
Old Zhu predicts:
On the day when CPI bad news is fully priced in, it just happens to be the time for ETH to take off! The main players use inflation panic to wash out positions, and chips below 3000 dollars have been intercepted by institutional ETFs. Stabilizing above 3050 dollars within 72 hours will trigger a short-squeeze capitulation—sharp drop? That’s a prime opportunity given by God to buy the dip.
Old Zhu’s advice:
History repeats itself: after SOL breaks 125 dollars in 2024, it rockets 50% within a month, now with ETH stabilizing above 3000 dollars, 300-dollar SOL has become an appetizer.
But retail investors suffer a 'precise harvest': MEME coins like BONK and PENGU double in a day only to halve again, while the NFT sensation Pudgy Penguins sees its floor price surge 49.4% in a week! Remember Old Zhu's heartfelt advice: in a bull market, hold tight to BTC/ETH, don’t be cannon fodder for altcoins!
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