ReedCarson

U.S. Spot Bitcoin ETFs Bleeding Out 🚨
$1.17B gone, the longest streak since April
- Fidelity’s ETF: -$7.5M on Aug 21
- Grayscale: flat on Aug 20
- Franklin: also flat
No fresh inflows. No real bid. BTC ETFs stuck in consolidation mode
$BTC

STOP HANDING OVER YOUR BAGS CHEAP
HOLD STRONG
DO NOT LET ANYONE STEAL YOUR FUTURE AT A DISCOUNT
READ AGAIN!
GN 🤝

BREAKING 🚨
U.S. PPI just came in hot — 3.3% vs 2.5% expected
→ Biggest monthly jump since 2022 +0.9% MoM
→ Core PPI is even hotter at 3.7% YoY

WHO SAID IT’S OVER FOR $ETH?
LFG 🔥

$ETH has tested the $4,000 level 11 times on the weekly chart since early 2024
Failed every time
That’s what real resistance looks like.
But here’s the thing…
The more it taps, the weaker it gets.
And when it breaks — it won’t just break
It’ll run 🔥

MACRO STACK IS LIVE
→ FOMC held rates
→ Powell gave no hint of cuts
→ GDP came in hot at 3.0% vs 2.4% expected
This reduces the chances of near-term easing
$BTC and $ETH traders should watch out:
→ Longs are crowded
→ Funding rates elevated
→ Derivatives showing signs of stress
One wrong move from the Fed, and we could see sharp downside