Todayโs CPI print surprised to the upside, landing at 2.7% YoY, beating forecasts and raising serious concerns for risk markets.
โ ๏ธ What It Means: โข Higher inflation = Less chance of Fed rate cuts soon
โข Risk assets (crypto, stocks) may react bearishly
โข Expect increased volatility as the NY session opens
๐ Market doesnโt like sticky inflation โ especially when everyoneโs priced in rate cuts.
๐ Watch key levels on $BTC , $ETH , and your favorite alts. This could be a shakeout or an opportunity.
๐ก Follow for real-time updates and next trade setups. Stay sharp!
#CPIWatch
#FederalReserve
#Market_Update
#BTC #altcoins
