🪐 Fed’s Hawk Remains Unshaken CICC warns U.S. inflation is persistently above 3.5% while jobs stay solid, so the Fed is unlikely to trim rates this year; at the same time, the US‑Iran standoff keeps oil markets jittery. That combo tightens dollar liquidity and lifts real yields, a classic pressure cooker for risk‑on assets. 🕸️ I see BTC and ETH edging lower as higher Treasury yields erode the relative appeal of non‑yielding tokens, and the looming energy shock could push inflation expectations further, extending the hawkish narrative. Still, a sudden squeeze in dollar funding could revive crypto as a hedge, but that would require a sharper pivot in policy than the current data support. 👁️‍🗨️ The market is still pricing a “no‑cut” Fed, meaning any upside for crypto hinges on an abrupt liquidity shock rather than steady demand. ⚠️ Personal analysis only. Not financial advice. DYOR. #Crypto #Fed #Macro