Current general macro situation:

CPI dropped sharply beyond expectations and is about to reach 2.x% ---> This is on track with the FED's goal of bringing inflation to 2%!

The US job market in general is still strong, unemployment continues to increase but not too high, non-farm employment is still increasing every month!

Looking at these figures, there is a high possibility that the FED will cut interest rates slowly and gradually without cutting them too quickly in the next 1 - 2 years!

This is a good sign because if the FED continuously lowers interest rates, it proves that the US economy is having problems and is going into recession!

Yesterday, the good news caused the price to bump sharply and then fall due to profit-taking pressure from those who knew the news in advance. You should pay attention a few hours before the CPI announced that $BTC had been pumped!

When the CPI announced that the long brothers expelled $BTC were wiped out

#binance

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