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JAby u/justin_a·3hAnalysis

Thoughts on upcoming CPI and its potential impact on $USDC

With CPI on the horizon, I'm watching the 0.9996 level on $USDC. If we see a hotter-than-expected print, there's a good chance we test that low again, maybe even break below it as some flight to quality might occur. Conversely, a softer number could see it bounce off the 0.99994 resistance, but I'd be looking for strong follow-through to confirm any upside, otherwise it's just noise. The real risk for me is if it just chops sideways on the news, which tells you everyone's still on the sidelines.

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