This week's financial market is as intense as a barrage of cannonballs.
At 8 PM on Monday, Federal Reserve Chairman Powell will deliver a speech. Every word he says at such times will be scrutinized by the market, and any topic he brings up—interest rates, inflation, economic outlook—can cause the market to tremble.
Next, the Federal Reserve's liquidity operations are about to go live. Simply put, it's about increasing the money supply; when there is more money, asset prices usually react, whether it's the stock market or cryptocurrencies, both may become restless.
The PMI data will be released on Wednesday, and this thing is a thermometer for the temperature of the economy. Good data means risk assets rise; bad data means risk aversion kicks in, and the sectors will be reshuffled.
The number of initial jobless claims will be announced on Thursday. Once there is a fluctuation in the job market, the Federal Reserve's subsequent policy expectations will need to be reassessed, and the market will be very sensitive.
The main event on Friday is the Federal Reserve's balance sheet data, which contains clues about a potential policy shift that seasoned traders are closely watching.
After a week, the macro environment, capital situation, and data all converge, and any one of these links could become a turning signal. The trends of mainstream coins like XRP, SOL, and BNB will mostly fluctuate with these news.
Position management should be done well; don't go all in and don't stay empty-handed. Stay flexible. During such a dense event week, it's better to control risk than to bet on direction.
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RadioShackKnight
· 12-05 02:40
As soon as Powell speaks, this week’s fate is sealed. I bet he’ll still have to act hawkish, and when that happens, the crypto market will go on another roller coaster ride.
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TooScaredToSell
· 12-03 13:55
As soon as Powell starts speaking, you have to pay close attention—this guy can change your fate with just one sentence... I got scared on PMI day; if the data is bad and triggers a market shakeout, I'll be devastated.
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FlatTax
· 12-02 03:57
As soon as Powell opens his mouth, I know I have to pay close attention... This week is really intense, it's all bomb-level data.
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AirdropHunterWang
· 12-02 03:57
When Powell speaks, I have to keep my eyes on the screen, afraid of missing any trends. That balance sheet on Friday is the real deal, deciding whether to make money or just have soup.
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GasGrillMaster
· 12-02 03:34
When Powell opens his mouth, the market shakes. This week has really been a roller coaster... I have to hold on tight to my SOL and XRP.
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WhaleWatcher
· 12-02 03:34
Powell's words directly determine the fate of the market; I fear I will have to sit in front of the screen this week.
This week's financial market is as intense as a barrage of cannonballs.
At 8 PM on Monday, Federal Reserve Chairman Powell will deliver a speech. Every word he says at such times will be scrutinized by the market, and any topic he brings up—interest rates, inflation, economic outlook—can cause the market to tremble.
Next, the Federal Reserve's liquidity operations are about to go live. Simply put, it's about increasing the money supply; when there is more money, asset prices usually react, whether it's the stock market or cryptocurrencies, both may become restless.
The PMI data will be released on Wednesday, and this thing is a thermometer for the temperature of the economy. Good data means risk assets rise; bad data means risk aversion kicks in, and the sectors will be reshuffled.
The number of initial jobless claims will be announced on Thursday. Once there is a fluctuation in the job market, the Federal Reserve's subsequent policy expectations will need to be reassessed, and the market will be very sensitive.
The main event on Friday is the Federal Reserve's balance sheet data, which contains clues about a potential policy shift that seasoned traders are closely watching.
After a week, the macro environment, capital situation, and data all converge, and any one of these links could become a turning signal. The trends of mainstream coins like XRP, SOL, and BNB will mostly fluctuate with these news.
Position management should be done well; don't go all in and don't stay empty-handed. Stay flexible. During such a dense event week, it's better to control risk than to bet on direction.