CONSOLIDATE BEFORE THE UPSIDE

My main focus right now is looking toward the CIP print on the 14th of this month to give markets that direction. Either the adjustments that we have seen from the start of February where we've seen the dollar gain strength, yield climb, risk sell-off, and that market needs to readjust because inflation is going hotter for longer. We can also see the relapsing of that readjustment with a slightly lower CPI print. It is also about March 14th because the last print we had was not very decisive. Since February, the crypto market, the stock market, the market, and other markets are correlated to economic policies and what is driving the economic policies which is inflation.

---

From the start of February, rates weren't priced much above 5% for the FED's fund and this ties in with the two-year yield. Since then with the inflationary data, you've now got rates nearly going to 6%. I think even if we get higher inflation, the FED with still stick to 2.5 basis points. It's all about looking toward this CPI, markets are looking for it. Alcoin looks kind of weak right now and crypto could lean to the downside, and consolidate before the upside or sideways which is what it is doing if you look at the hourly chart.

---

The FED is likely going to do a 25 basis point because they are running out of runway. We are seeing the effect of high-interest rates already. There is never been a dull moment in the crypto world because you've got all those macro stuff going on. There is a regulatory crusade going on will the SEC which is actually bullish. However, the attack that I have seen on Binance makes me think the regulator is doing the dirty work for institutions and trying to get rid of the competition. CZ has a massive target at his back and a lot of the allegations that Elizabeth Warren and all these people have thrown against CZ don't seem to have much weight to them. They claim the money was laundered to elicit players around 10 billion dollars which is a serious claim to be making yet they don't have any evidence for that.