Seth|Sep 11, 2026 11:50
Feels like CPI will beat expectations today
Did someone leaked the numbers?
US futures +0.54% pre market
CPI expected at 3.4%
If it comes in higher than expected that would be bad for the bulls. As the chance of rate cuts would go down significantly in 2026.
BTC still has some more longs to liquidate. MM would have a nice excuse to unwind some longs below.
3.3 billion USD in longs liquidated at 75K for Bitcoin
But there is 4.3 billion USD in shorts liquidated at 82K also
Very exciting Friday. Be careful with leverage going into CPI.(Seth)
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