We can say that the results coming in below expectations in the CPI data were a glimmer of hope for the cooling of inflation. We continue our 2% target at full speed.
The incoming data immediately created a positive atmosphere in the market and led to the clearing of long positions opened late.
For now, spot CVD still maintains an upward trend in the short term. But what really affects the price is the sales coming from futures. If the spot CVD continues to maintain this structure, the price is likely to continue its short-term rises.
Binance whales are moving in a neutral structure after moving to the positive side a bit. At least they reduced sales.
In short, the two-way liquidity hunt continues. There is nothing overly negative in the short term. Data should continue to improve in the medium and long term
