#CPIWatch
🚨 This CPI print at 2.7% is a wake-up call for markets.
Here’s how I see it:
📌 1. No Rate Cuts Soon?
The Fed might hold rates higher for longer. That’s bearish for risk-on assets like crypto in the short term.
📌 2. Crypto’s Reaction So Far
$BTC is holding above $118K for now, but a break below $117K could trigger a cascade. Watch $ETH around $2900 too.
📌 3. Volatility = Opportunity
This type of market shakeout often flushes weak hands. Whales tend to use it to accumulate.
💬 My Take: Short-term pressure, but long-term bullish if Bitcoin holds $118
K support.
👉 What do you think? Will $BTC dip to $115K or bounce from here?
