The Fed just turned hawkish, with new chair Kevin Warsh breaking a 14-year tradition by withholding his own rate forecast. A market that's steadying, not yet turning. Crypto sentiment is buried in extreme fear and Bitcoin reads undervalued — historically a patient buyer's setup
Inflation cooled more than expected: prices fell on the month, the most since 2020, and the pressure for a July rate hike eased. But nearly all of the relief came from energy, and oil has already turned back up.
Tomorrow brings the Consumer Price Index, the main US inflation gauge and the number that moves risk assets most. With oil climbing into the print, the engine holds any extra buy until the data clears.
The signal turned favorable with real substance: spot Bitcoin ETFs saw net inflows for the first time in weeks, while the crowd is still at extreme fear. Buyers returning before the mood lifts is the setup patient investors watch for. Next week's inflation data is the test.
The 0-to-100 crypto sentiment score in plain English: what it measures, how to read it without fooling yourself, how it has behaved in 2026, and when to tune it out.