🚨 THIS IS IT... AGAIN...

Oil surged from 70 to 118, now around 96. CPI jumped to 3.3%, Core PCE 3.1%. Growth is slowing, inflation rising, and the Fed is stuck at 3.5% to 3.75%. Stagflation risk is building. The IMF sees 3.1% growth, 4.4% inflation.

Bitcoin looks weak on the surface, stuck at 75K to 78K with repeated rejections.

But underneath, funding stayed negative for 46 days, whales accumulated 270K BTC in a month, and exchange balances hit 7 year lows.

Polymarket gives 79K plus a 39% shot.

Bottom line: macro is messy, BTC is rangebound, but smart money is accumulating. May could be pivotal.