How did the market react after PPI releases this year?

January 14 - $BTC -12%
January 30 - $BTC -29%
February 27 - $BTC -7.7%
March 18 - $BTC -12.9%
April 14 - $BTC +12.3%
May 13 - $BTC -27%
June 11 - $BTC +9.3%

In almost every case, except April, inflation came in above or significantly above expectations, and the market reacted with a sell-off.

The only real exception was June, when $BTC moved higher instead.

So PPI remains one of the key macro events to watch, especially while the market is still sensitive to inflation data.

#ATOM/USDT All entries achieved
Average Entry Price: 1.532 💵

#ATOM/USDT Take-Profit target 1 ✅
Profit: 107.7023% 📈
Period: 7 hr 22 min ⏰

#ATOM/USDT Take-Profit target 2 ✅
Profit: 146.8668% 📈
Period: 14 hr 6 min ⏰

#JASMY/USDT Take-Profit target 1 ✅
Profit: 36.1664% 📈
Period: 10 hr 29 min ⏰

Today the market is in the RED most alts are RED

$BTC is currently trading around $62894.4 $ETH around $1832

🟢Fear/Greed Index: - 39 fear

Yesterday’s digest:
⚡️ +$353 on the $CLO LONG

😊 Just look at how active the market is right now that means there are plenty of opportunities to make money

🎯 $TLM

➖ I'm considering a long on this asset

➖ I've seen this situation countless times and traded a ton of similar moves

➖ This is actually a very interesting trap because it looks like buyers have already stepped in and it's a good entry right here but almost always, it ended with a stop-loss

➖ Right now, there's a tasty flip level below, from which I'll trade but we still need to get there

🔥 Entry around $0.0013 target $0.0025

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#ANIME/USDT Take-Profit target 3 ✅
Profit: 62.0241% 📈
Period: 3 days 19 hr ⏰