๐จ KEY EVENTS THIS WEEK โ BIG VOLATILITY AHEAD ๐๐
Buckle up, fam โ this week could shake the markets hard. Letโs break it down ๐
๐ TUESDAY: POWELL SPEAKS ๐ง๐ฌ
Fed Chair Jerome Powell delivers his first public remarks since rumors started swirling about his possible resignation ๐ณ
Markets are on edge right now, and hereโs why it matters:
๐น If Powell dismisses the resignation talks and stays hawkish โ expect markets to dump ๐ง
๐น If Powell sounds dovish or confirms uncertainty โ it could trigger a short-term pump in risk assets like BTC, ETH, and stocks ๐
๐ง Either way, volatility is almost guaranteed. Watch the charts closely during his speech. DXY & bond yields could react instantly โก
๐ THURSDAY: TRIPLE THREAT โ ๏ธ
๐งพ Initial Jobless Claims (U.S.)
A key gauge of the labor market ๐
Higher-than-expected claims = weakening economy = potential for rate cuts sooner = bullish for crypto ๐
Lower claims = strong job market = Fed stays aggressive = risk-off ๐ฌ
๐ถ ECB Interest Rate Decision
Europeโs inflation is cooling, and the marketโs eyeing a possible rate cut or soft tone from the ECB ๐ง
If Lagarde signals easing โ euro weakens, dollar strengthens โ could hit BTC short-term โ๏ธ
But bullish overall for global liquidity ๐
๐ฎ Market Predictions:
Crypto outlook this week: High volatility incoming. Altcoins may chop, but ETH/BTC dominance could see sharp moves depending on Powell's tone.
If Powell drops any bullish signals + jobless data disappoints โ we could see a big breakout across crypto ๐ฃ
But if Powell goes full hawk mode + strong job numbers? Risk assets might pull back. Donโt get caught overleveraged! โ ๏ธ
๐ข TL;DR:
This week is critical for both tradfi and crypto. Fed, ECB, labor data โ itโs all connected.
Smart traders prep now. Degens react late. ๐
๐ฌ Whatโs your game plan for this weekโs volatility?
๐ฒ Like, follow & share โ Iโll keep decoding macro + crypto for real ones only ๐ผ๐ฅ
Letโs win together this week, not just watch.