🚨 Guys… WTF is happening to oil right now?! 😳🛢️
CPI just came in HOT at 3.8%, above the 3.7% forecast, and inflation is now at its highest level since May 2023 🔥
And honestly? The biggest problem is obvious: Energy prices are going crazy. Oil is holding above $100 and the market is feeling every bit of it 😵💫
With the ceasefire situation getting weaker and geopolitical tensions heating up again, supply fears are back on the table.
This is exactly the kind of setup that keeps inflation sticky for longer 👀
LFG because volatility is about to get REAL 📈
My play right now? I’m personally looking at longing oil on Bitget as a hedge in case the market gets hit with even more bad news.
If oil keeps squeezing higher, this move could get very interesting fast 👀
But real question tho 👇
Do you guys think oil can actually HOLD above $100… or is this just another temporary spike before a dump? 🤔
#TradingSignal #oil #cpi #Inflation #TradFi