Waller said in London today that he leans towards a 25 basis point rate hike in December. After reading the comments, I only have one feeling: the hammer is already overhead. But Bitcoin has barely moved in the last 24 hours, just grinding around 74K. Yesterday I said if it doesn't recover to 77K this week, then the decline isn't over. Now it's still 2.8K away. The real decline is in ZEC. From last Friday's high of 1388, it's fallen all the way to 1145, an 18-point drop. There haven't been a single positive day in four consecutive days. October's CPI will be released tonight. The market has already priced in a December rate hike. If the core CPI really drops to 0.3%, I'm betting ZEC will fall to the 1080 level this week. The two lows of October are below that. If it doesn't reach that, I'll admit I was wrong.