The data has exploded! Retail and PPI both surge red, is the bull market rhythm going to get chaotic?
Folks, tonight's data is truly shocking! Fun fact: the "better" the data (more than expected), the worse it tends to be for the crypto market. 🔸 Double "bad news": Retail sales up 0.6% indicates people still have plenty of money to spend, PPI up 3% shows prices are still rising. The Federal Reserve probably has a headache seeing this data; interest rate cuts might be delayed again. 🔸 Trump also joins the chaos: The Supreme Court hasn't decided on tariffs yet, but Trump has already "threatened" a bit, saying that if the court rules against, the US will be finished. Such macro uncertainty is most likely to kill contracts. 🔸 Trading advice: Since the data is bullish for the dollar and bearish for the crypto market, stay steady tonight. Wait until 22:50 to see what Powell says, then look for a reversal opportunity. Are your positions okay? Planning to open short positions in the opposite direction tonight or buy the dip in batches? See you in the comments! 👇 #BTC走势 #宏观数据 #PPI #Gate广场创作者新春激励 The above content does not constitute investment advice, please do your own research. $BTC $ETH
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The data has exploded! Retail and PPI both surge red, is the bull market rhythm going to get chaotic?
Folks, tonight's data is truly shocking! Fun fact: the "better" the data (more than expected), the worse it tends to be for the crypto market.
🔸 Double "bad news": Retail sales up 0.6% indicates people still have plenty of money to spend, PPI up 3% shows prices are still rising. The Federal Reserve probably has a headache seeing this data; interest rate cuts might be delayed again.
🔸 Trump also joins the chaos: The Supreme Court hasn't decided on tariffs yet, but Trump has already "threatened" a bit, saying that if the court rules against, the US will be finished. Such macro uncertainty is most likely to kill contracts.
🔸 Trading advice: Since the data is bullish for the dollar and bearish for the crypto market, stay steady tonight. Wait until 22:50 to see what Powell says, then look for a reversal opportunity.
Are your positions okay? Planning to open short positions in the opposite direction tonight or buy the dip in batches? See you in the comments! 👇
#BTC走势 #宏观数据 #PPI #Gate广场创作者新春激励 The above content does not constitute investment advice, please do your own research.
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