The UK CBI orders index came in at -30, actually beating the previous reading of -32 but falling short of market expectations at -33. While the headline number shows improvement from last month, it still signals contraction in new order volumes—a metric traders watch closely since UK economic data often influences broader market sentiment. Weaker economic data typically weighs on risk assets including cryptocurrencies, making this a data point worth monitoring for your trading thesis.

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InscriptionGrillervip
· 5h ago
UK CBI Order Index -30, better than -32 but still not surpassing the -33 expectation. This is a typical "seemingly rising but actually falling" trick. The retail investors are still cheering, unaware that as soon as this data is released, BTC follows suit and weakens, and the prelude to a death spiral can already be heard.
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rekt_but_not_brokevip
· 5h ago
UK CBI data isn't that bad after all, -30 is better than -32... but this thing is still bad news for the crypto circle.
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NotFinancialAdvicevip
· 5h ago
UK CBI Order Index -30, it seems the market is still waiting for a real rebound signal... Such data indeed has a significant impact on the crypto circle.
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NFTArtisanHQvip
· 5h ago
ngl the CBI index thing is just another symptom of the broader aesthetic collapse in traditional economic systems... the contraction in orders feels like a meta-narrative unraveling, if you will. crypto's gonna feel this one for sure, tbh
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