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Happy_shanky
I’m starting to feel that even after tomorrow’s CPI, the market could remain stuck in indecision for a few more days.
Crypto is simply too fragile right now. Just look at how quickly BTC and ETH sold off immediately after today’s data.
The reason is pretty simple: CPI is only the last piece of the puzzle. The real decision comes with the September FOMC.
PPI has already added fuel to the inflation narrative, with August’s year-over-year increase reaching 5.4%.
#DailyOrbit
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