BBX Logo Beta

--

The market has been so boring these past few days. No action in secondary markets. No action on-chain. No action in U.S. stocks. All my buddies around me do every day is drink, sing, and play pool Here’s a quick summary of today’s key events to watch: Top priority: U.S. September CPI data at 20:30 Beijing time (biggest catalyst for the entire market) ✅️ Expectations: CPI YoY 3.6%, Core CPI YoY 2.5% - Logic: CPI higher than expected → Sticky inflation, Fed rate cut expectations delayed, stronger USD, bearish for $BTC. CPI lower than expected → Rate cut expectations heat up, bullish for crypto risk assets. Market volatility will likely concentrate within 10 minutes after the data release, contracts could see liquidation spikes. - CPI higher than expected: Bearish for $BTC, likely to drop, funding rates will probably turn negative afterward. - CPI lower than expected: Bullish for $BTC, likely to rise, funding rates will probably turn positive afterward. - CPI meets expectations: Likely to consolidate, funding rates won’t change much. - Biggest trap: Bullish/bearish sentiment gets priced in ahead of time, leading to a reversal in market movement. ❗️ Binance announcement: EPIC and QUICK spot trading will be delisted on October 28. Coins being delisted usually see a pump beforehand—feeling like Epic might have a higher chance this time.

Pic
Loading...