🚨 US inflation came in HOT and the market got wrecked

BTC: -5.7%

ETH: -10.2%

Bitcoin ETFs: -$1B outflow in a single day

Markets are now pricing in a potential Fed rate HIKE (not cut). That's a complete 180 from what was priced in last week.

This is what happens when liquidity tightens and macro turns against risk assets. If you're overleveraged, you're getting liquidated. If you're sitting cash, this might be your entry.

Watch the next CPI print. If inflation stays sticky, we're going lower.