The S&P 500 futures just broke through 6,990, marking fresh record territory. What's really catching attention here is that core CPI came in lighter than expected, signaling some easing on the inflation front. The momentum is strong enough that we could potentially see 7,000 hit today. For traders keeping tabs on crypto, this stock market strength and dovish inflation print typically create tailwinds for risk assets—it's the kind of macro backdrop that can lift the entire digital asset space.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
ChainWatcher
· 15h ago
Bullish signals are everywhere; this CPI data is really impressive this time.
View OriginalReply0
LiquidationWatcher
· 01-14 18:49
Is the 7000-point level really going to break? With CPI cooperating so well, I find it a bit hard to believe.
View OriginalReply0
LiquidationWatcher
· 01-13 18:17
7000 is just around the corner, feeling like it's about to break through
View OriginalReply0
LiquidationWizard
· 01-13 18:16
Is the 7000-point level really going to break? It seems like this CPI wave is a real positive signal.
View OriginalReply0
Token_Sherpa
· 01-13 18:03
honestly the macro setup is *chef's kiss* but let's not pretend this pumps alts on fundamentals... it's just liquidity flowing to whatever's shiny rn. been here before, seen this movie. 7000 feels priced in already ngl
Reply0
TokenSherpa
· 01-13 17:59
honestly if you examine the data on macro conditions rn, the cpi miss is what matters most—governance of fed policy literally determines everything downstream for risk assets, historically speaking
The S&P 500 futures just broke through 6,990, marking fresh record territory. What's really catching attention here is that core CPI came in lighter than expected, signaling some easing on the inflation front. The momentum is strong enough that we could potentially see 7,000 hit today. For traders keeping tabs on crypto, this stock market strength and dovish inflation print typically create tailwinds for risk assets—it's the kind of macro backdrop that can lift the entire digital asset space.