🚨 MACRO SHOCK: US INFLATION REFUSES TO DIE 👁️
Two days of brutal data.
Yesterday, #cpi hit 3.8% YoY — above expectations.
Today, #PPI exploded to 6% YoY — highest since December 2022.
Core PPI crushed estimates — +1% MoM vs 0.4% expected.
Gasoline alone surged +15.6% in a single month at the producer level.
And it's not just energy anymore.
Freight, chemicals, healthcare, legal services — inflation is spreading.
The Fed is cornered.
No QE. No cuts in sight.
Rate hike probability just climbed to 40%.
The crypto market is already feeling it:
🔴 $BTC — $79,482 | RSI: 24.66 (extremely oversold)
🔴 $ETH — $2,257 | RSI: 28.28 (oversold, dumping from $2,323)
🟡 $BNB — $668 | RSI: 39.84 (rolling over, losing EMA support)
All three sitting below their EMAs. Bears in full control on the 30m.
In 2021, the #Fed had room to pivot.
Now they have almost none.
Macro headwinds like this don't stay quiet for long.
Watch the Fed's next move carefully.
This could get messy. 👀
