$BTC #BCH Will a black swan event occur? Futures open interest across the market edged up, but 24-hour trading volume shrank markedly, signaling a cooldown in market activity. 24-hour liquidations fell sharply, with no signs of a concentrated liquidation cascade for now. The BTC long/short ratio is around 1.32, indicating a relatively high share of retail traders are long. Funding rates are negative, meaning shorts are paying longs. Trading is likely to remain choppy in the near term; beware of a long squeeze and subsequent pullback.
September CPI Outlook: Annual Inflation Expected to Rise 3.6% as Higher Energy Prices Add to Inflationary Pressure
PANews, Oct. 14 — Economists surveyed by the Wall Street Journal expect overall U.S. CPI to rise 0.6% month over month and 3.6% year over year in September. Excluding volatile food and energy prices, core CPI is expected to rise 0.2% month over month and 2.5% year over year. This increase is not “huge,” but it is enough to keep inflationary pressures persistent and continue to pressure the Federal Reserve, forcing it to respond.
Tony Rodriguez, head of fixed-income strategy at Nuveen, said headline inflation will clearly rise, driven mainly by higher energy prices. “So far, we haven’t seen this pressure feed through to core inflation. But what’s concerning is that if this situation persists for another two quarters, inflationary pressures will begin to spread to food, goods, and other areas.”
🚨 CPI Release Day: Bitcoin Traders Need to Watch More Than Just One Number! 🇺🇸 The U.S. September inflation report will be released today (October 14) at 8:30 a.m. Eastern Time. Why should crypto traders pay attention to this data? 👇 📊 What the latest data tells us The previously released U.S. CPI report showed: • Headline inflation: 3.4% year over year • Monthly CPI: +0.4% • Core CPI: 2.4% year over year Energy prices are a major concern. Gasoline prices rose 3.9% in August, accounting for more than a third of that month's overall CPI increase. 📅 What data do economists expect to see today? According to MarketWatch, economists expect headline CPI to rise 0.6% month over month in September, pushing annual inflation to around 3.6%. Core CPI is expected to rise 0.2% month over month and 2.5% year over year. These are forecasts, not actual results. ₿ What could this mean for Bitcoin?
Be sure to hold #币股分离 for the long term. $BTC is a long-term coin; all the others are transitional coins. #特斯拉 and #SpaceX are definitely also the way of the future.
#币安 Live streaming is missing a feature: you can't switch out to make a phone call during a live stream while keeping the voice call separate 📞$@Binance BiBi . There should be a mute mode for the live room.