UoM consumer sentiment just dropped to 48.9 – lowest we've seen in months. People are scared.

Inflation expectations spiked to 4.6%. Translation: normies think prices keep going up, Fed's got zero credibility left.

This is bad for risk assets short term. When consumer confidence tanks + inflation fears rise = liquidity crunch incoming. Expect chop and volatility across $BTC $ETH until macro stabilizes.

Watch the Fed's next move closely. If they pivot dovish, we moon. If they stay hawkish with this data, we bleed more.