cryptofamily

Despite the fact that inflation was slightly higher than expected, there was no apocalypse in the markets. Yes, they opened with a little gap down 🔻, but it’s still the same sidewall that was written about yesterday. The DXY dollar index first tore up, but then quickly returned to its previous values, which is an excellent evidence of the constant expectations of market participants: the Fed will continue to reduce rates in the long term.

P.S. On the chart on the left is the DXY dollar index (5 min), which shows how it was «sausage» at the time of data release. And how he then returned to the previous levels. In the center 🧂 Solana at 15 minutes, which continues to trade in the sideways with a slight downtrend. On the right, IWM is an index ETF on Russell 2000, which opened with a large downward gap (-1% 🔻), but without further fall.

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