Next week’s big earthquake in the crypto world? Zitan urgently reminds: retail investors should do 3 things, otherwise don’t blame me for the losses!
Goodness, global major events are piling up: China’s PMI, US inflation data, Federal Reserve Powell’s speech, Japan’s central bank stirring the pot… Don’t be fooled by these fancy names; they are all closely related to our cryptocurrency!
Key point: Next week’s events are explosive!
On Monday, China’s PMI data kicks off, on Tuesday, the US 'small non-farm' employment data is coming, on Wednesday, Federal Reserve Powell may set the tone for a rate hike in December, and on Friday, there’s the core PCE price index. Additionally, the heads of the Bank of Japan and the European Central Bank will also speak, and a technology conference is joining in the fun. In simple terms, where global funds flow depends on the expressions of these big shots and the data.
Personal opinion: Don’t naively think the crypto world is a paradise!
I’ll make it clear: next week’s crypto market will definitely be a thrilling roller coaster! Why? For instance, if US data is good, the Federal Reserve may hawkishly raise rates, and if the dollar strengthens, funds will flee from risk assets like Bitcoin; if the data is bad, it might instead lead to a rebound in the crypto world. But the scariest thing is 'expectation deviation'—the market originally expects a rate hike, but Powell suddenly turns dovish, and the coin price skyrockets! If retail investors are left in the dark, they could be quickly cut down like leeks.
What impact will this have on our crypto market?
Bitcoin and Ethereum, these big players, have recently been linked with the US stock market like conjoined twins. When the US economy shifts, the crypto world will shake three times first. Not to mention, if China’s PMI is below expectations, global demand worries could lead to a crash in Bitcoin. Next week’s volatility is expected to soar, making it easy for contract traders to face liquidation, while spot traders will also have to be on edge.
What should retail investors do? Remember these 3 life-saving rules!
Hold back before events: Before important data is released, don’t heavily bet on the direction! Big funds are all watching from the sidelines; are you going in to be cannon fodder?
Learn to check the calendar: Treat data like weather forecasts, remember the time in advance, and set alarms to remind yourself.
Risk control first: If you don’t understand, simply hold light positions or stay out and watch! Earning a little is better than losing your principal; don’t just follow the crowd blindly.
Today is just a warm-up; next week Zitan will track these events in real-time, and I will interpret the data impact as soon as possible in Zitan Village! If you want to layout opportunities in advance and avoid a major drop, hurry up and follow me; the more chaotic the market, the more we need to stick with the right people, and let’s steadily reap the rewards together! #BTC #ETH
