Publier

Don’t play the Monday-morning quarterback—tonight’s PPI is also likely to come in close to expectations. Yesterday, July CPI showed 3.4% YoY growth and just 0.1% MoM, confirming that inflation is gradually cooling. For tonight, PPI is expected at 4.9%, down from the previous 5.5%. If the figure matches forecasts, it would simply reinforce the cooling-inflation narrative from CPI rather than deliver a fresh surprise. After the CPI release, $ETH jumped to around $1,924.97, only to quickly drop more than $70 toward $1,870. That’s a classic “buy the rumor, sell the news” reaction. So even if PPI meets expectations, I don’t expect it to create another strong, sustained rally. The more likely scenario is another quick pump followed by a pullback. #KoreaChipsLeadRebound #CPIEasesHikeBets #HarmonyMintRollback