I know how you are feeling right now.

Every time you check the market, you tingle with anticipation.

Those greens you see all over your screen cast a shadow on your reasoning as a thin layer of hope runs all over your body.

What could possibly go wrong with the market?

The FOMC meeting took place, the Fed showed signs of dovishness, and Bitcoin bottomed out.

All that ‘Bitcoin to $20K’ FUD was fake after all.

But do you have enough reason to be bullish?

I’m sorry to be the bearer of bad news, but I don’t think we will see a huge rally so soon.

My friend just called me and asked for my personal advice.

I told him to sell the mid-card coins he had- the ones he had accumulated in January’s dip.

The reason?

Tomorrow is an important day

To everyone who is reading this article, tomorrow is an important day.

I’m sure you all are familiar with the nitty-gritty of the Fed, the FOMC meeting, inflation and Consumer Price Index (CPI) by now.

Don’t tell me you haven’t read my article, 'When Will the Crypto Market Stop Bleeding?'

Anyway, ever since the U.S. Bureau of Labour Statistics released December’s CPI data on January 12, everyone has been ranting about inflation.

All the pressure is on the Fed.

But all they did was postpone their major decisions to March, when they will sit for their next FOMC meeting.

Now, let me ask you a question.

If you were to die, would you prefer to have your head chopped off at once so you die on the spot, or have your throat slit slowly so you die a million times before you realise you are actually dead?

I know this statement sounds harsh, but we all are dying anyway, aren’t we?

It’s only the smart investors who survive long enough to tell these heroic tales to their children who dream of becoming the next Warren Buffet, oops Michael Saylor.

If you don’t die of liquidations today, you ought to know that tomorrow is an important day.

Tomorrow the U.S. Bureau of Labour Statistics will release January’s Consumer Price Index.

February 10, 2022 at 8:30 am Eastern time to be precise.

But I am not bullish.

Do you know why?

Smart Investors are bearish

Look at all the smart investors out there. Stalk them on social media, scavenge their quotes from news articles, and you will know what I’m talking about.

See! Bloomberg doesn’t expect inflation to go below 7%.

If you believe that inflation will exceed expectations, you are not bullish because you are expecting a correction.

Inflation will exceed expectations

By now, we all know how the Fed will play this game.

You can check my article, 'What to Expect from the FOMC Meeting?' to know more about what I'm talking. 

The Fed doesn’t want to ruin the stock market by taking any hawkish action like introducing quantitative tightening or raising interest rate hikes more than 4 times this year.

It wants to play cautiously and see how things play out themselves without the Fed’s intervention.

Why else would Jerome Powell postpone major decisions to March?

But what’s the catch?

Talk people down to spending less.

If they don’t listen, instill enough fear in their minds so that they will comply.

The reason?

When people spend less, the demand will drop.

With a drop in demand, the Fed will not need to inject extra money in the market.

On top of that, now, the Fed has another way out.

Ignore Corporate Greed.

Do you think the Biden administration will care about the rising corporate greed?

Not for now.

Not until the public gets brainwashed to spend less.

Take a deep breath

This is the time I advise you to take a deep breath and stop staring at your screens.

I believe February’s CPI data will be higher than that of January or at least at the same levels.

Following the announcement, I expect to see a correction in the crypto market.

Hence, I have sold some of my short-term positions and have started stacking stablecoins.

I am not telling you to follow me.

Even if the market goes up after tomorrow, trust me, it will be short-lived.

The market will give you ample time to re-enter with your buy order because 2022 is full of uncertainty.

(Disclaimer: I am not a financial advisor. Please use my articles to educate yourself on cryptocurrencies, but not as a sole factor to influence you to blindly jump into cryptocurrencies.)