Explosion! Three major data points are released tonight, will the Fed's rate hike dreams be shattered? The crypto market may welcome a major capital shift!
Brothers, the market is like a big pot, and tonight at 8:30, we are going to throw in three 'bombs'! Canada's current account, U.S. initial jobless claims, and U.S. GDP revision—these three bombs will either cook up a grand feast for the crypto market or blow us to pieces! My opinion is very clear: After tonight, the market will either welcome a violent surge or face a bloodbath, but it will definitely not be dull and uneventful! The suspense is right here—will it be a feast or a slaughter?
The recent capital situation is very delicate: on one side, Wall Street giants are secretly hoarding coins, while on the other side, the Fed is still pretending to be 'hawkish'. As a result, today's three major data points have become the moment of unveiling! If U.S. employment and GDP weaken, the market will immediately interpret it as 'rate hike dreams shattered', leading to a drop in the dollar and a surge in Bitcoin; conversely, if the data is exceptionally strong, the market will worry that the Fed will continue to keep rates high, and short-term capital may dump again.