CPI July – The "Door" Leading to the Fed's September Interest Rate Decision
On August 12, 202 19:30 local time in Vietnam, the U.S. will announce the Consumer Price Index (CPI) for July – one of the most anticipated economic data by global investors. This CPI result will play a key role in guiding the monetary policy of the Federal Reserve (Fed) in the September meeting.
🔥All Long/Short positions need to be preserved before the news as there could be a strong sweep on both ends tonight 🔥Don’t FOMO and provide liquidity for the market$BTC #btc
Where should I go? Starting from tomorrow, there will be a pullback from this peak 2 Anyone still holding a long position should gradually take profits and wait for the correction #BTC
A few days ago I wrote an analysis of the market Please note this is still not a stable upward wave so please limit FOMO here, there will be another shakeout and #eth will shake harder than #BTC $ETH
Don't short this Myx baby, it's still being pumped and there are no signs of stopping the pump, and shorting will incur a funding fee of -2% /1h more $MYX #Myx
Sideway will be the direction of BTC in the next 3-5 days and there may be a peak formation followed by a strong sell-off, so be cautious. Scalping during this period is the most effective. This is a personal opinion, not investment advice #BTC #ETH #sol $BTC $ETH $SOL