Interest rate hikes are not a one-time negative event but rather a long cycle 924 was the start after the US began the rate cut cycle and it has continued until now If entering a rate hike cycle the three major indices will have to return to before 924 #美国CPI环比加速，加息预期升温

Brothers, the two big macro mountains are really pressing down. #10-year US Treasury yield nears 5% threshold, repo operations can't stop yield from rising; the Treasury's repo efforts can't hold it down; CPI is still accelerating month-on-month, the dream of rate cuts is shattered, and rate hike expectations are heating up again. What does this mean for the crypto circle? US Treasury yield at 5%, risk-free interest just lying there to be collected, why would big money take risks entering crypto? Liquidity will only get tighter. The previous $BTC and $ETH V-shaped rebound was purely caused by short squeeze liquidations, not because the macro environment improved. The current situation is: capped by the macro ceiling above, and propped up only by sentiment below. Don't be fooled into entering by short-term spikes, the two knives of CPI and rate hikes haven't finished falling yet #美国CPI环比加速，加息预期升温 Hold your hands, honestly wait for the macro turning point.👊

$ETH Who can tell me what happened? The market is full of bad news, holding it in and then releasing it all at once is really unbearable 😅😅😅

$ETH $BTC $OKB When will they come down? If they come down this time, I will definitely invest regularly!

The more bearish the news, the more it rises? It's purely a short squeeze caused by forced liquidations #美国CPI环比加速，加息预期升温 With CPI released, shorts tried to push down to 76,000 but failed, forced to cover by buying back, resulting in a sharp V-shaped rebound. Looking at the treasury: it's also split. Strategy stopped buying $BTC and instead spent 176 million to repurchase its own shares; BitMine keeps aggressively buying $ETH, holding up to 5.9 million tokens. Don't get excited, this is not a reversal. The probability of a rate hike still hangs at 79%, this wave is just short covering, wait until the dust settles.

#美国CPI环比加速，加息预期升温 Isn't the rate hike expectation heating up? This $ETH has pulled so long

Brothers, the current market situation is really like a leaky roof encountering a night of rain. PPI is higher than expected, inflation pressure isn't easing, and tonight's CPI will decide life or death again. What's worse, #BTC spot ETF has continuous outflows, institutional funds are retreating, making the funding situation even worse. $BTC is stubbornly holding below 77,000, $ETH is barely defending 2,400, and $SOL is testing the 100 boundary back and forth. The bulls can't even mount a decent rebound; every rally is smashed back, with no sign of buying pressure at all. Tonight is a major turning point! As long as CPI exceeds expectations again, the market will have to continue draining; even if CPI cools down, it depends on whether ETF funds are willing to flow back #PPI higher than expected, tonight's CPI sets the direction Before the data comes out, don't bet on the direction, control your hands, survival is key. Once the dust settles, we'll look for opportunities to enter.👊

What's going on today? The usual leader in the decline, $ETH, is holding up so well today! It's still showing gains up to now #BTC现货ETF连续流出

#BTC现货ETF连续流出 This wave of $BTC is taking $ZEC off the highway

$ZEC #ZEC跻身前十，机构化进程提速 The last stubbornness really makes people feel both heartache and admiration. The market is being crushed by interest rate hike expectations, $BTC struggles at 77,000, $ETH holds firm at 2,400. Only $ZEC once surged to 1,290, hitting a multi-year high, soaring 2400% year-to-date, extremely resilient. Grayscale ETF attracted institutional funds, shorts were completely defeated, liquidations of tens of millions after tens of millions forced a short squeeze that pushed prices up. But stubbornness is stubbornness, now $ZEC has also fallen back to around 1,100, down over 11%. RSI is seriously overbought, leverage piled too high. F2Pool founder Wang Chun also poured cold water: this is a "narrative-driven short squeeze," fundamentals have not kept up at all. $ZEC is a tough guy, but this run was too fast, the deviation too large. Don’t rush in at the highest point and end up paying the price.👊#PPI、CPI接连公布，美联储迎关键两日 #加密财库分化：买币还是回购？