Wu Blockchain (@WuBlockchain): QCP: Any positive news could force USD longs to unwind their positions en masse, potentially sending risk assets higher. Tonight’s CPI release could b…
Estimated coin impact
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QCP: Any positive news could force USD longs to unwind their positions en masse, potentially sending risk assets higher. Tonight’s CPI release could be the catalyst that triggers a sharp move lower in DXY. Across multiple metrics, we see no signs of panic on Wall Street. For participants still holding long positions in crypto, following institutional flows and purchasing downside protection may be the best strategy. t.me/QCPbroadcast/1…