ppi

#USPPIMissMayEaseBTCPressure Market Analysis:
A weaker-than-expected US Producer Price Index (PPI) could bring relief to Bitcoin by reducing inflation concerns and easing pressure on the Federal Reserve to maintain higher interest rates.
If inflation cools, investors may become more confident about risk assets, potentially supporting BTC's recovery. However, Bitcoin's next move will also depend on market sentiment, ETF flows, and Fed expectations.
Important Data: October PPI increased 0.3% month-over-month, below the 0.4% forecast. But annual producer inflation climbed to 6.5%, showing that inflation remains a serious concern.
Key takeaway: The monthly PPI miss offers Bitcoin some potential relief, but persistent inflation and expectations of higher Fed rates could continue limiting BTC's upside.
Question for the community: Can softer monthly inflation help Bitcoin recover, or will Fed rate fears keep BTC under pressure?
#Bitcoin lation #PPI

I watched the PPI hour hoping for a rescue. It came — and it lasted about sixty minutes.
October PPI printed cooler than expected at 13:30 UTC: headline +0.3% month-on-month against +0.4% expected, 6.5% year-on-year against 6.6%. Core PPI landed exactly on forecast, +0.3% on the month and +5.0% on the year. The first reaction was what bulls wanted. $BTC jumped from about $69,246 to nearly $70,000 in five minutes and briefly topped $70,200 on Binance. ETH spiked from $1,959 to $1,989 in the same hour.
Then the whole move unwound. The morning had already tagged $1,900 before the print even landed — $1,895.95, the lowest since 18 August. By 15:00 UTC ETH was back at $1,934, and it is around $1,949 now, still under $2,000. Yesterday's daily close was $2,019.74, so tonight's close is shaping up to be the first under $2,000 since August. The cooler print bought one hour. That is the whole story of this market right now.
Here is why the bounce failed. CoinGlass counted $1.64B of liquidations in 24 hours, 88.7% of them longs. ETH alone took $289M of it, 89.5% longs. That means the break under $2,000 was a forced unwind of leveraged longs, not a spot exit. And the PPI hour itself was a short squeeze, not buying: $39M of the $41M liquidated in that hour were shorts, and one Hyperliquid trader's $52M short sat under 2% from a forced exit. Squeezes fade. This one faded in an hour.
The sellers are not stopping either. US spot ETH ETFs have now lost $695.9M between 1 and 11 November, including $144.8M on 11 November alone, $129.8M of it from BlackRock's ETHA. And while traders waited for a bounce, a wallet linked to the Ethereum Foundation sold another 2,000 ETH, about $3.87M, and a whale swapped 16,700 ETH for $30.94M in USDT. Nobody with size is catching this knife yet.
And the "cooler" in cooler PPI deserves a second look. The annual rate is 6.5%, still the highest since November 2022, up from 6.3% in September. Inflation did not cool; the monthly pace just slowed. Stocks did not buy it either: the S&P 500 fell 1.2% and the Nasdaq 1.5%. A 25-basis-point December hike is still fully priced, and the 50-point odds only trimmed, not gone.
My stance is leaning bearish, and only leaning because the structure under $2,000 is broken — ETH sits about $270 under its 20-day average of $2,220 — but this is also the most crowded short in weeks, and the PPI hour showed how fast $39M of shorts can burn. A reclaim of $2,000 on a daily close flips me back to neutral and opens $2,060, the floor ETH lost on 10 November. What would prove me wrong is exactly that: a daily close back above $2,000 with ETF flows turning positive.
The levels are simple now. If $1,900 holds into tonight's close, this was a flush. If it breaks and the daily close lands under $1,900, $1,833 is next, then $1,800. If $2,000 is reclaimed first, the breakdown call is dead, and I will own that in the next post.
So the trigger is tonight's close, not the next headline. $ETH closes under $2,000 tonight: are you buying the $1,900 tag, or waiting for $1,833? Drop your number — I am reading every reply.
Data: Binance spot, 19:30 UTC; PPI via BLS, 13:30 UTC; liquidations via CoinGlass/CoinDesk; ETF flows via Farside Investors.
Not financial advice. DYOR.
#ETH #PPI #CryptoMarket