Looks good (macro perspective)

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Multiple levels of accumulation (circled) leading to a potential final short trap? I could see a reversal here if we flipped 66k but if not 61/62k is solid support with OB's looking stacked in that area. Not worried about fed raising rates without concrete news and not just speculation, big picture the shows goes on and trend goes higher until the fed makes a move. S2F and on chain analysis is all bs especially in our current macro environment. I also don't see a blow off top in December without a major exponential run up in the next 2 months (<150k), rather I see a slow and gradual grind up with a possible correction in December when retail take profit before the Christmas holiday (which everyone will be calling top). Very curious to see how the fed handles this without taking the wheels off the market entirely and popping the "everything bubble", which I guess could plays more into the narrative of replacing the traditional financial system for a decentralized one. I mean the fed needs to raise rates right? You're losing 1% of your purchasing power every 30 DAYS with the inflation data from this week but yet we keep rates at essentially all time lows... The taper begins on bond purchases this month but it won't make a significant change without the cost of borrowing going higher considering the amount of liquidity in the system. I really don't know what the next few months will hold (honestly no one does, and it's bs if they say that they do) but as a studying economist it's certainly an interesting time to be learning. I would say long everything until the fed makes a move... sorry for the rant.