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🇺🇸 US CPI data came in at 3.4%
Expectations: 3.4%
$BTC saw a strong pump following this data release, while yields are dropping significantly.
However, I’m not convinced this move will be sustainable.
Inflation is still not showing enough signs of cooling, which could continue to create uncertainty for risk assets.
For now, I’d remain cautious about opening new positions here. ⚠
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