THE FED IS MOVING TOWARDS A RATE HIKE NOW. Just now, US PPI data was released, and it came in at 5.4% vs 5.3% expected. At the same time, oil broke above $100, which means more pressure on inflation. On the other hand, the job data was good, and it leaves the Fed with just one choice. Hike rates and bring down the inflation. If the Fed waits more, it'll have to do aggressive hikes like 2022, which will crush the markets.(Crypto Rover)