Postaus

PPI came in better than expected… so why did $BTC and $ETH get slammed? 😭 Last night’s PPI really surprised the market — 0.0% MoM vs. 0.2% expected, confirming that inflation is cooling. At first, everything looked perfect. About 30 minutes after the data dropped, $BTC jumped around 400 points to 63,974, while $ETH climbed to 1,896. Then came the reversal. 💀 Around midnight, the hourly $BTC candle dumped roughly 1.22M in volume, sending BTC down about 1,200 points to 62,818. $ETH wasn’t spared either, dropping from around 1,884 to 1,862 on roughly 3.55M in volume. Basically, the entire PPI rally got wiped out overnight. And this is the classic crypto script: When the good news is fully priced in, the good news can become the sell signal. CPI and PPI both delivered positive data two days in a row, but the market had already been positioning for it. The rally before the releases may have been the distribution window. Once the actual numbers arrived, the smart money had already taken some exposure off the table — leaving late longs holding the bag. Both $BTC and $ETH daily candles are now showing long upper wicks. Textbook bull-trap behavior? 👀 The chart is telling a pretty clear story: $BTC → 63,000–63,200 $ETH → 1,862–1,880 For now, BTC’s short-term support sits around 62,800, while ETH is watching 1,860. Break those levels, and another round of selling could open up. The real benefits of cooling inflation may need more time to develop, especially with Jackson Hole and PCE still ahead. Good data, bad price action. That’s the harsh reality of crypto. So… be honest: Did you chase the long last night? 😭 #CPIPPIEaseFedSplit #AIInfraEarningsWatch #SpaceX99%ValueFromAI