Given the amount of selling we saw past few days, I think we pump today regardless of what CPI & FOMC say today.
The market is already de-risked & at support. Participants closed positions all day yesterday. So much so until we ran low on sellers (sub 66.8).
Just clearing the uncertainty around CPI & FOMC will send us higher. Good CPI & FOMC = we punish every seller in the last 30h.
"Gold and Silver"
This is just BTC and ETH for boomers
It's what the pension fund manager apes when he gets too excited because the portfolio is up 0.2% on the day
The market bounced already and is holding and we have nothing to fear for at least another week and a half (PCE 5 Dec) or 2 weeks (FOMC 10 Dec).
We're heading into a long weekend and end of week/weekends marked bottoms recently.
I think this is a great spot to load on longs.
Maybe even one of these rare big opportunities we get a few-times a year.
The whole market went down only for a full month. BTC is down 30% into long term support (83k - never tested since April) and ETH is down 40% in <30 days.