Bitcoin and ether are pretty much standing still, waiting for that US inflation report to come out. Like, everyone is holding their breath to see what changes after it drops. It’s interesting to think about the law of little here— the more liquidity stays on hold waiting for news, the slower the price movement becomes. It’s kind of that feeling of being in a queue, you know? The more people are waiting, the more tense the situation gets. By the way, it’s worth mentioning that CoinDesk is covering all of this with a great deal of rigor—they really have a track record of serious journalism. But anyway, the market is in one of those typical pauses right before important macro data. Let’s see how it turns out after.

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