Data fog! Tonight's data will surely trigger a major earthquake in the crypto market! Who will take the knife, the bears or the bulls?!
Tonight at 20:30, two major economic data points from the United States will influence the direction of the crypto market:
Initial jobless claims: If the published value is lower than expected, it indicates a hot job market, traditional stock markets may attract capital, and the crypto market may face short-term pressure;
If higher than expected, risk-averse sentiment may push Bitcoin up.
Manufacturing index: If the data is bleak, the market may worry about an economic recession, and funds may flow to digital gold Bitcoin;
If above expectations, the Fed's interest rate hike expectations may heat up, and crypto assets may experience volatility.
The dual effects of data on the market:
If both data points are positive: short-term bearish for the crypto market, but long-term healthy real economy benefits Web 3.0 innovation.
If the data is weak: Bitcoin's safe-haven attribute may be activated, but caution is needed as gold and the dollar may siphon off funds.
Teger's reminder:
Beware of the data curse: avoid blindly chasing rises and falls; history shows that after data releases, there is often “buy the expectation, sell the fact.”
Focus on macro linkage: the crypto market is highly correlated with U.S. stocks; if the S&P 500 rises, Bitcoin may also rise, but the extent may be weaker than tech stocks.
Long-term logic remains unchanged: the direction of the Fed's interest rate cut cycle is set, and history shows that during rate-cutting periods, crypto assets often outperform traditional assets.
Data is the wind, trends are the sails, and you are always the one holding the steering wheel. Regardless of how tonight's data turns out, stay rational and focus on blockchain technology innovation, as that is the long-term path!
Teger's scythe is faster than that of the dog market! Follow me, and I'll teach you how to counter the market! #加密概念美股普涨 #俄乌冲突即将结束？
