Gate.io Suggested Topics Posting Event: #CPI Data Drops#
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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
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Bitcoin Price Moves in Sync with Market Sentiment: Fear Drives Gains, Greed Fuels Declines
Fear often signals Bitcoin price gains, while greed precedes declines, highlighting the power of social sentiment in trading.
Bitcoin sentiment trends suggest $90K-$95K as potential buy zones and $110K-$115K as likely sell points based on crowd behavior.
Traders can refine their entries and exits by tracking sentiment shifts, as fear-driven rallies and greed-led drops repeat over time.
Crypto markets experience a mild recovery but traders remain cautious. Santiment data shows that both greed