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The latest U.S. Producer Price Index (PPI) for July came in hotter than expected, signaling persistent inflationary pressure.
⚠️ Market Impact:
Strong PPI → Higher inflation risk → Fed may stay hawkish.
Short-term: Can weigh on risk assets like stocks & crypto.
Dollar strength may rise, adding pressure to BTC & ETH.
📊 Key Levels to Watch:
BTC: Support $108,000 → $105,500 | Resistance $112,000
ETH: Support $3,950 → $3,850 | Resistance $4,300
💡 VIP Strategy:
Traders: Expect volatility – set tight stop-losses.
Buyers: Look for dips near key support zones.
Sellers: Use PPI-driven strength in USD as a chance to hedge positions.
⚡ Bottom Line:
Hot PPI = Caution in the short term. But smart traders know volatility = opportunity.
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#July PPI Beats Expectations