According to The Kobeissi Letter, the cryptocurrency market is witnessing a sell-off due to unmet expectations, describing it as a 'clear sell the news event'. This situation indicates that the anticipated positive impact on the market did not materialize as hoped by crypto bulls.

According to The Kobeissi Letter, US consumers expect inflation to rise to 6.0% over the next 12 months, marking the highest level since May 2023 and the third consecutive monthly increase in expectations, as per the Conference Board survey.

According to The Kobeissi Letter, US consumers anticipate inflation to rise to 6.0% over the next 12 months, marking the highest expectation since May 2023 and the third consecutive monthly increase, as per the Conference Board survey. This trend suggests growing concerns among Americans about future price increases.

According to Pentoshi, it's wise to temper expectations for the upcoming summit regarding Bitcoin's inclusion in reserves. While it represents a positive step forward, the actual integration of $BTC into reserves may still be several years away, suggesting a long-term perspective is necessary for traders.

According to Michaël van de Poppe, the current market conditions for altcoins are challenging, with high expectations stemming from previous cycles. He notes that the traditional 4-year cycle seems to have shifted. However, he remains optimistic about future returns (source: Michaël van de Poppe, Twitter).