Watching how $ZS is moving after the CPI data

Pretty clear that despite the CPI coming in largely as expected, the market's still trying to figure out what it means for rates, and by extension, risk assets. We're seeing some interesting action in commodities, like $ZS up 3.88% today, pushing past 181.745. It's not just a one-off move; it's confirming some underlying strength. This tells me institutional money might be looking at real assets again as a hedge or just as a better bet if inflation stays stickier than the Fed wants to admit. For $BTC, it's not a direct correlation, but if the broader market shifts more capital into commodities as an inflation play, it could either draw away liquidity from risk-on assets like crypto, or it might eventually lift all boats if the narrative shifts to all hard assets performing well in an inflationary environment. Still leaning towards a cautious approach on $BTC until we get more clarity on sustained capital flows post-CPI and earnings. Will be watching $ZS closely next week as a bellwether.