Critical Macro Data Today
Major US data releases today and it could spark heavy volatility. Stay sharp:
12:30 UTC: US CPI (Inflation) Expected jump to 3.4% (prev. 2.4%) due to energy spikes.
📈 Hotter than expected? DXY 🚀 / BTC 📉
📉 Cooler than expected? BTC 🚀
Markets watching "Inflation Expectations" here. If consumers expect high prices for longer, the Fed stays hawkish.
Summary: The morning is all about whether the "inflation is back" narrative gains legs. Watch the 12:30 UTC candle—it’s usually the wildest.