๐ป qrly here
just a guy in the Solana trenches
posting memes + whatever alpha I dig up
no fancy shit
just early plays and pure degen vibes
if you like memes and want to catch pumps early โ hop in
$SOL ๐ธ
I just sat in a car with nothing in front of me.
No steering wheel. No pedals. No mirrors.
Spotless. Drove better than any human.
Houston, youโre next.
Thank you @Tesla@elonmusk@robotaxi
โ๏ธ Altcoins are being pumped like crazy, and Bitcoin dominance is dropping.
As usual, the crowd got played. The market never changes.
BTW, looking at the charts for assets like Ethereum or Solana, weโve officially been in a bull market for three weeks now (we were just in a consolidation phase). The downtrend structure has been broken.
-POST 2
๐ณ You might expect this to drag crypto down to hell, but after a brief sell-off, the market immediately started pumping.
We aren't jumping to conclusions just yet, as the market could do anything right now.
However, there is one possible explanation. US two-year bond yields spiked initially but then retraced to nearly where they started. This paints a clearer picture than Polymarket does. Even though a September Fed rate hike has become almost certain, the projected rate trajectory for the coming six months remains unchanged. Year-over-year inflation is still within the forecast range.
-POST 1
๐ณUS inflation data came in as a massive shock.
The September CPI (Consumer Price Index) was released at 15:30. Everything was in line with forecasts except for the core figure (Core CPI): the actual reading was 0.3% versus the expected 0.2%.
This figure represents inflation excluding energy prices, and the result was shocking: Core CPI rose unexpectedly.
Against this backdrop, the probability of a Fed rate hike on September 16 jumped from 60% to 80%โmeaning a hike is practically a done deal.
-POST 2
๐ฐ The data is mixed.
The situation will come to a head on Friday with the release of consumer inflation (CPI) data. This is the final key indicator ahead of the Fed meeting.
It will determine the direction of the crypto market for weeks to come.
-POST 1
๐ฐ Bitcoin is tumbling amid rising inflation in the US.
Producer Price Index (PPI) inflation is accelerating (actual 5.4% vs. forecast 5.3%).
This is a negative signal that could lead to a tougher stance on interest rates at the Federal Reserve meeting on the 16th.
At the same time, core PPI came in below expectations (0.2% vs. forecast 0.3%). Consequently, the inflationary pressure is driven by energy and food costs.
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โ If you like trading memcoins and earn in trenches, we suggest you use our bot and extension, these everyday improve.
๐ If you want to support us, so follow and share this
TG channel - https://t.co/FjbDD6GuI3
TG bot - @Zap_Official_Bot
-POST 2
This will be the last week of inflation data releases before the Fed's September meeting. Essentially, everything will be decided by Friday.
The likelihood of a rate hike in September is currently 50/50. Uncertainty is at its highest. And crypto is frozen in anticipation of this outcome.
If inflation turns out to be soft, it will be a bullish signal. If not, there will be carnage.